Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 2011-06-24 | Timberwolves | • rights to Bojan Bogdanovic • 2014 second round pick (#44-Markel Brown) • cash |
• rights to Norris Cole (Gene) | trade with Heat |
| 2011-06-24 | Timberwolves | • 2013 second round pick (#52-Lorenzo Brown) • cash |
• rights to Bojan Bogdanovic | trade with Nets |
| 2011-06-27 | Timberwolves | • rights to Tanguy Ngombo | • 2015 second round pick (less favorable of Nuggets and Timberwolves) (#37-Richaun Holmes) | trade with Blazers |
| 2011-06-29 | Timberwolves | • Lazar Hayward | team exercised contract option for 2012-13 | |
| 2011-06-29 | Timberwolves | • Wayne Ellington | team exercised contract option for 2012-13 | |
| 2011-06-29 | Timberwolves | • Wesley Johnson / Wes Johnson | team exercised contract option for 2012-13 | |
| 2011-07-01 | Timberwolves | • Sebastian Telfair | player became an unrestricted free agent | |
| 2011-07-12 | Timberwolves | • Kurt Rambis | fired as head coach | |
| 2011-08-14 | Timberwolves | • Nikola Pekovic | signed with Partizan Belgrade (Serbia) | |
| 2011-09-02 | Timberwolves | • Tony Ronzone | mutually agreed to part ways as assistant GM / player personnel | |
| 2011-09-13 | Timberwolves | • Rick Adelman | hired as head coach | |
| 2011-12-05 | Timberwolves | • Devean George | signed free agent | |
| 2011-12-06 | Timberwolves | • Bill Bayno | hired as assistant coach | |
| 2011-12-06 | Timberwolves | • Jack Sikma | hired as assistant coach | |
| 2011-12-06 | Timberwolves | • T.R. Dunn | hired as assistant coach | |
| 2011-12-06 | Timberwolves | • Terry Porter (b. 1963-04-08) | hired as assistant coach | |
| 2011-12-07 | Timberwolves | • David Adelman | hired as player development coach | |
| 2011-12-07 | Timberwolves | • R.J. Adelman | hired as director of player personnel | |
| 2011-12-08 | Timberwolves | • Dominique Johnson | signed free agent | |
| 2011-12-12 | Timberwolves | • Derrick Williams | signed first round pick to a 2-year, $9.6M contract with a 2-year, $12M team option | |
| 2011-12-12 | Timberwolves | • Jose Juan Barea / Jose Barea / J.J. Barea | signed unrestricted free agent to a 4-year, $19M contract | |
| 2011-12-12 | Timberwolves | • Malcolm Lee | signed second round pick to a 3-year contract | |
| 2011-12-13 | Timberwolves | • Dominique Johnson | waived | |
| 2011-12-13 | Timberwolves | • Shaun Pruitt | waived | |
| 2011-12-13 | Timberwolves | • Will Conroy | signed free agent |
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