Minnesota Timberwolves acquire Rob Dillingham from San Antonio Spurs, incurring a $30M luxury tax increase.

The Minnesota Timberwolves acquired the rights to Kentucky star guard Rob Dillingham from the San Antonio Spurs in a trade, increasing their luxury tax bill by $30 million. Dillingham, the No. 8 overall pick, is set to earn around $6 million annually over a four-year rookie contract. The move places the Timberwolves in a rare position as teams with high tax bills are seldom able to add top-ten lottery picks.

June 27, 2024
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