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Report: Three-Team Deal Sends Mike Conley From Wolves to Chicago
The Timberwolves cleared over $20 million in luxury tax with this trade, gaining roster flexibility as they pursue potential acquisitions before the NBA trade deadline.
- On February 3, 2026, ESPN reported the Minnesota Timberwolves traded veteran point guard Mike Conley Jr. to the Chicago Bulls in a three‑team deal involving the Detroit Pistons and a protected 2026 first-round pick swap to Detroit.
- With the trade deadline looming, the Timberwolves front office moved to clear salary and roster space ahead of Feb. 5, aiming to pursue a star like Giannis Antetokounmpo, reports say.
- The trade also freed a roster spot and dropped the Timberwolves’ luxury tax from $24 million to $3.8 million, with Bobby Marks reporting Conley’s $10.8 million salary as key.
- Minnesota received only cash considerations in return, and reports say Conley could be bought out by the Bulls; observers warned the Wolves must make follow-up moves within 48 hours.
- The move leaves Minnesota with a thinner bench, placing more responsibility on Jaylen Clark, Bones Hyland and Terrence Shannon Jr., though Conley’s 4.4 points and 2.9 assists highlight his declining production this year.
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Is Giannis worth breaking up the Timberwolves troika of rising stars?
Note: Just finished this column when I heard the news about Mike Conley being dealt to the Bulls, essentially for salary cap space and flexibility. The finances of the transaction and the fact that, despite the sharp decline in his play this season, Conley filled a need for a floor general, indicates that the Wolves are not done maneuvering between now and the Thursday afternoon deadline. The column argues against going all-in on a trade for Gia…
Coverage Details
Total News Sources23
Leaning Left3Leaning Right6Center7Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 19%
C 44%
R 37%
Factuality
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