DENVER – Nuggets president of basketball operations Tim Connelly is leaving Denver to take the same job with the Minnesota Timberwolves for a more lucrative deal, according to reports.
Connelly’s impending move was first reported by ESPN and The Athletic. The Denver Post also confirmed Connelly will join the Timberwolves, citing a league source.
Connelly met with Timberwolves owner Glen Taylor over the weekend and spoke with minority owners Alex Rodriguez and Marc Lore over the past week, ESPN also reported.
ESPN’s Adrian Wojnarowski said Connelly will sign a five-year, $40 million deal that includes some ownership equity. Wojnarowski also reported the Nuggets offered to try to keep Connelly in Denver but the Timberwolves including ownership equity made the deal more lucrative.