Well. There certainly wasn't any time wasted in free agency this year. In the first day alone, 31 players signed contracts worth more than $1,000,000,000 !!!!! in total. (But remember, of course, the owners are broke%%%)
Unfortunately the Timberwolves have basically no ability to participate in free agency this year (or perhaps, fortunately, depending on how scarred you still are from last year's summer anxiety festival). The salary cap for this season will come in between $67-69 million. As it stands right now, the Wolves have just over $57 million in committed salary. They still need to sign Karl Towns and Tyus Jones to their rookie deals, which will add another $7 million or so in salary.