Eight months after firing Gersson Rosas, the Timberwolves have found a new team President.
Nuggets President Tim Connelly has agreed to become the Wolves' new President of Basketball Operations, NBA sources confirmed.
Connelly met with Wolves controlling owner Glen Taylor on Saturday and agreed to a deal after having talks in recent weeks with Marc Lore and Alex Rodriguez, who are set to become controlling owners in 2023.
The contract is for five years and $40 million, with Connelly getting an equity stake in the team that will raise the value of the package.