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Wolves finalize cost-cutting move with Mike Conley by signing back veteran after trading him away
The Timberwolves cut luxury-tax costs by trading Conley before re-signing him on a minimum deal to maintain salary-cap flexibility for new acquisition Ayo Dosunmu.
- On Wednesday, the Wolves signed Mike Conley to a rest-of-season veteran-minimum deal after trading him to lower their luxury-tax bill, and he will join practice that evening.
- To clear luxury-tax space, Minnesota traded Conley in a salary-dump that enabled the Ayo Dosunmu acquisition from the Chicago Bulls, as part of cap strategy to fall below the NBA's first apron.
- This season Conley has taken a back seat on the court, but remains valued for veteran leadership and is a multiple-time NBA Sportsmanship Award winner, according to sources.
- Being eligible again, Conley returns to provide veteran depth as Minnesota aims for the postseason, after lowering their luxury-tax bill through a second trade and waiver process.
- The reunion was delayed until after the All-Star break for salary-cap reasons, and Minnesota added a 14th player by Tuesday to comply with roster rules.
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Mike Conley Returns to Timberwolves Two Weeks After Trade
Veteran guard Mike Conley is back with the Minnesota Timberwolves just two weeks after being dealt away at the trade deadline, the team announced Tuesday. The move brings the experienced floor leader back to a roster and system he knows well, restoring a level of continuity in the backcourt as Minnesota heads into the stretch […] The post Mike Conley Returns to Timberwolves Two Weeks After Trade appeared first on Get More Sports.
The Minnesota Timberwolves got rid of experienced point guard Mike Conley, who signed with two teams in one day but then ended up back in Minnesota.
Coverage Details
Total News Sources27
Leaning Left7Leaning Right3Center9Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 37%
C 47%
R 16%
Factuality
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