Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 2016-04-20 | Timberwolves | • Scott Layden | hired as general manager | |
| 2016-04-20 | Timberwolves | • Tom Thibodeau | hired as president of basketball operations and head coach, signed to a reported 4-year, $40M contract | |
| 2016-05-20 | Timberwolves | • Arnie Kander | fired as vice president of sports performance | |
| 2016-05-20 | Timberwolves | • Milt Newton | fired as GM | |
| 2016-05-20 | Timberwolves | • Rob Babcock | fired as vice president of basketball operations | |
| 2016-05-21 | Timberwolves | • Brice Long | fied as head of video department and manager of basketball technology | |
| 2016-05-21 | Timberwolves | • Jason Hervey | fired as scout | |
| 2016-05-21 | Timberwolves | • Koichi Sato | fired as director of sports performance | |
| 2016-05-21 | Timberwolves | • Milton Barnes | fired as scout | |
| 2016-05-21 | Timberwolves | • Sidney Lowe | fired as assistant coach | |
| 2016-06-17 | Timberwolves | • Rob Moor | resigned as CEO | |
| 2016-06-23 | Timberwolves | • Kris Dunn | 2016 NBA draft first round pick (#5 overall) | |
| 2016-06-27 | Timberwolves | • Damjan Rudez | team declined contract option | |
| 2016-06-30 | Timberwolves | • Greg Smith (b. 1991-01-08) | waived | |
| 2016-07-01 | Timberwolves | • Tayshaun Prince | player became an unrestricted free agent | |
| 2016-07-06 | Timberwolves | • Karl-Anthony Towns | re-signed to a rookie scale contract | |
| 2016-07-07 | Timberwolves | • Brandon Rush | signed unrestricted free agent to a 1-year, $3.5M contract | |
| 2016-07-07 | Timberwolves | • Kris Dunn | signed first round pick to a 2-year $7.2M contract with a 2-year, $9.6M team option | |
| 2016-07-11 | Timberwolves | • Ethan Casson | hired as chief executive officer | |
| 2016-07-12 | Timberwolves | • Cole Aldrich | signed unrestricted free agent to a 3-year, $22M contract | |
| 2016-07-19 | Timberwolves | • Cole Aldrich | signed unrestricted free agent to a 3-year, $22M contract | |
| 2016-07-19 | Timberwolves | • Jordan Hill | signed unrestricted free agent to a 2-year, $8M contract | |
| 2016-08-22 | Timberwolves | • Toure' Murry / Toure Murry | signed free agent | |
| 2016-08-24 | Timberwolves | • John Lucas III | signed free agent | |
| 2016-09-23 | Timberwolves | • Kevin Garnett | retired |
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