Rebuilding the Team
In the 2007 NBA Draft the Timberwolves selected Corey Brewer and Chris Richard from the National Champion Florida Gators.
On July 31, 2007, the Minnesota Timberwolves reached a deal to trade All-Star Kevin Garnett to the Boston Celtics for Al Jefferson, Theo Ratliff, Gerald Green, Sebastian Telfair, Ryan Gomes, two first-round draft picks, and cash considerations. This is the largest combination of players and picks ever traded for a single player in NBA history.
On October 24, 2007, the Timberwolves traded Ricky Davis and Mark Blount to the Miami Heat in exchange for the Heat's Antoine Walker, Michael Doleac, Wayne Simien, and a 2008 protected first-round draft pick (lottery protected in 2008, top 10 in 2009, top 6 in 2010, beyond: unprotected).
On October 29, 2007, The Timberwolves waived Juwan Howard after reaching a contractual buyout agreement, worth $10 million of roughly $14.25 million which Minnesota would have owed him. The Timberwolves waived Wayne Simien to finalize their roster to 15 players. The Wolves traded a top 56 protected NBA draft pick to the Spurs for cash and Beno Udrih whom was immediately waived.