Timberwolves Bring Back Veteran Guard Mike Conley After Trade

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The Minnesota Timberwolves have finalized a deal to bring back veteran guard Mike Conley, just two weeks after trading him away in a cost-cutting move. Conley was first sent to the Chicago Bulls in a three-team deal, then packaged with Coby White and traded to the Charlotte Hornets, before being waived. This made Conley eligible to rejoin the Timberwolves, who were able to sign him to a minimum contract after lowering their luxury tax bill.

Why it matters

Conley has long been a respected veteran presence on the Timberwolves, known for his leadership, experience, and sportsmanship. Getting him back on a minimum deal provides the team with additional depth and veteran savvy as they push for a playoff spot in the Western Conference.

The details

The Timberwolves traded Conley away in a cost-cutting move, but his production and playing time had dwindled this season. By trading him and getting under the NBA's first luxury tax apron, the team gained the salary cap flexibility to acquire guard Ayo Dosunmu in a separate deal with the Bulls.

• On February 2nd, Conley was traded from the Timberwolves to the Chicago Bulls in a three-team deal.
• The following day, Conley was packaged with Coby White and traded from the Bulls to the Charlotte Hornets.
• A day after that, on February 4th, Conley was waived by the Hornets.

What’s next

The Timberwolves (34-22) will host the Dallas Mavericks on Friday in their first game after the All-Star break.