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Timberwolves Hire Nuggets Executive Tim Connelly in Blockbuster Deal

Denver Nuggets President Tim Connelly is leaving the franchise contender he built to take charge of a division rival.

According to Shams Charania and Jon Krawczynski of The Athletic, Connelly has agreed to become the Minnesota Timberwolves’ President of Basketball Operations on a five-year, $40-million deal plus a kicker for ownership equity.

Minnesota has an agreement with Denver Nuggets President Tim Connelly to become the Timberwolves’ new President of Basketball Operations on a five-year, $40 million deal with a kicker for ownership equity, sources tell me and @JonKrawczynski.