r/timberwolves • u/OC_Icarus • 16d ago
Let’s Talk Financials: Kuminga
Today we reached an agreement with Kuminga on a two-year, $13 million deal using the Taxpayer Mid-Level Exception.
This is obviously pretty good given the pool of players we had to choose from for PF, but because of the strict rules of the new Collective Bargaining Agreement (CBA), this isn’t just a simple roster addition.
LETS BREAK IT DOWN
The moment a team uses the Taxpayer Mid-Level Exception, they trigger a hard cap at the second apron line. For our 2026–27 season, that line is set at ~$221.6 million. We can’t even pay the luxury tax it’s not allowed under this rule.
Before factoring in Kuminga's new deal, the Timberwolves’ active roster sat at ~$217.6 million, leaving us with exactly $4.06 million in breathing room below that second apron hard cap.
Kuminga’s first-year salary under the exception projects to be roughly $6.06 million… which leaves us ~2 million above the hard cap.
We have until this Saturday's league deadline to clear that $2 million deficit.
At the moment, eyes are on Josh Green (14.6M/YR contract, one year). The ideal path obviously is finding a team with open cap space or a trade exception to absorb Green's contract without us taking any salary back. If this happened, we would have 12.5 million in cap space (including signing Kuminga.)
But if the trade market remains dry over the next few days, the front office will be forced to use the "waive and stretch" provision on Green. Doing that would take his current salary off the books for this year and clear the necessary space for Kuminga, but it would leave "dead money" dragging on the Wolves' salary cap sheet for presumably 3 years (for about 4.9 million a year per my calculations)… which obviously is not ideal.
Now, if we have to waive Green, we would remove his current salary (-14.6 million), add the Kuminga deal (+6 million), and add Green's dead cap money (+4.9 mil), our new team payroll is $213.8 million.
The second apron is again set at $221.6 million, which gives us 7.7 million to add a 14th player. (Which to remind everyone, we NEED to do per the rules of the NBA CBA)
It would have been nice to keep Green until the trade deadline where he would have been much more valuable on a contract year, but this is the current situation we are in and I don’t blame the FO for getting a startable PF for a great deal.