Along with a handsome package, Connelly will also get ownership equity in the Timberwolves
According to reports, the Minnesota Timberwolves have hired Denver Nuggets executive Tim Connelly as their new president of basketball operations. Connelly will become one of the highest-paid executives in basketball. Connelly will earn equity shares in the team in regards to a five-year, $40 million contract.
Connelly will take over the position of Minnesota’s chief decision-maker from Sachin Gupta. After former Minnesota executive Gersson Rosas was removed from his duties in September, Gupta had been serving Minnesota on a temporary basis. Gupta managed Minnesota’s first playoff appearance since 2018, but he lacks Connelly’s proven record. When Masai Ujiri departed Denver to manage the Toronto Raptors in 2013, Connelly stepped in and turned the Nuggets into a regular Western Conference contender. While he has secured a number of prominent players during that time, the drafting of two-time MVP Nikola Jokic with the No. 41 first choice in the 2014 NBA Draft was undoubtedly his biggest success. The Nuggets will be among the Western Conference favorites next season with Jokic, Jamal Murray, and Michael Porter Jr. back from injury.
Minnesota’s roster, on the other hand, has plenty of opportunity for improvement. Anthony Edwards is on his way to becoming an All-Star, while Karl-Anthony Towns is already there. The Timberwolves have ownership over their draught picks in the future, and with D’Angelo Russell’s deal ending, they have some financial flexibility. Connelly has the ability to mold this club into his own image.
The Minnesota Timberwolves now have Tim Connelly and Chris Finch as their off-court and on-court leaders respectively. Both individuals are all set to take this franchise to new heights.