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Timberwolves, President Tim Connelly Agree to a Restructured Contract

The Minnesota Timberwolves and President of Basketball Operations Tim Connelly agreed to a restructured contract for the 2024-25 season, according to Shams Charania and Jon Krawczynski of The Athletic.

After run to the Western Conference Finals, the Minnesota Timberwolves and president Tim Connelly have agreed to a restructured contract, locking him in for the 2024-25 season, sources tell me and @JonKrawczynski. Connelly’s opt-out clause has been moved to next year. pic.twitter.com/wJIfjXRCrD

— Shams Charania (@ShamsCharania) June 5, 2024

After leaving the Denver Nuggets for Minnesota on a lucrative five-year, $40 million dollar deal in May of 2022, Connelly has been masterful in his transactions over the last two seasons.