Minnesota Timberwolves Cap Totals
Cap History
The Minnesota Timberwolves have a long history of salary cap issues. In 2013, the team was forced to pay a $10 million luxury tax penalty after exceeding the salary cap. The Timberwolves have also been fined for tampering with other teams' players.
Current Cap Situation
The Timberwolves are currently hard capped for the 2023-2024 season. This means that they cannot exceed the salary cap of $136,021,000. The Timberwolves are currently using more than the taxpayer portion of the salary cap, which means that they will be subject to a luxury tax penalty if they exceed the salary cap.
Future Cap Projections
The Timberwolves' salary cap situation is expected to improve in the future. The team has a number of young players on rookie contracts, which will help to keep their salary cap down. The Timberwolves also have a number of expiring contracts, which will give them some flexibility to sign new players.
Conclusion
The Minnesota Timberwolves' salary cap situation is a complex one. The team has a long history of salary cap issues, but their current situation is improving. The Timberwolves have a number of young players on rookie contracts, which will help to keep their salary cap down. The team also has a number of expiring contracts, which will give them some flexibility to sign new players.
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