Tim Connelly has agreed to a deal with the Timberwolves

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.

— Shams Charania (@ShamsCharania) May 23, 2022

ESPN Sources: Denver Nuggets President Tim Connelly has agreed to a deal with the Minnesota Timberwolves that’ll make him one of the NBA’s highest compensated executives. Significant coup for Minnesota franchise.

— Adrian Wojnarowski (@wojespn) May 23, 2022