Resources: Wolves rent exec Connelly on $40M deal

Resources: Wolves rent exec Connelly on $40M deal

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3:37 PM ET

Denver Nuggets president Tim Connelly has agreed to a five-year handle the Minnesota Timberwolves this is value over $40 million and comprises possession fairness, making Connelly probably the most league’s highest-compensated executives, resources informed ESPN.

Connelly turns into the second one consecutive most sensible basketball government to depart the Nuggets for a considerably extra profitable be offering somewhere else. He changed Masai Ujiri in 2013 when Ujiri left Denver for Toronto.

Denver made a bid to stay Connelly that might’ve made him probably the most higher paid league executives, resources mentioned, however the possession fairness with Minnesota is life-changing cash — one thing just a make a choice few executives have of their offers.

Connelly has constructed a name as probably the most NBA’s highest skill evaluators and deal-makers, keeping up robust relationships with most sensible participant brokers and the dignity of his front-office friends. He has a powerful dating with two-time MVP Nikola Jokic, whom Connelly drafted with the forty first select of the 2014 NBA draft. Jokic is eligible for a freelance extension this summer season.

Connelly spent 9 years construction the Nuggets right into a Western Convention contender, even supposing accidents short-circuited the franchise previously two seasons after a run to the Western finals in 2020.

He prior to now grew to become down a chance to turn into the Washington Wizards‘ most sensible basketball government 3 years in the past, opting for to stay with the Nuggets. Connelly grew up in Baltimore and spent the primary a number of years of his front-office occupation with Washington.

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