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Report: Timberwolves decline to match Grizzlies’ offer sheet to Tyus Jones


The Minnesota Timberwolves will let go of Tyus Jones after declining to match the offer sheet from the Memphis Grizzlies.

According to Adrian Wojnarowski of ESPN, the Grizzlies will officially sign Jones to a three-year deal worth $28 million after the Timberwolves opted not to match. It will signal the end of the former Duke University standout’s four-year stint with the Timberwolves, who traded for him on draft night in 2015.

Timberwolves president of basketball operations Gersson Rosas also confirmed the development.

“We sincerely thank Tyus for his contributions on the court and Tyus and the entire Jones family for their genuine impact on the Twin Cities community,” Rosas said in a statement via Michael Rand of the Star Tribune. “We wish them nothing but the best in Memphis.”

Wojnarowski revealed that the Timberwolves decided to let Jones walk away to save some cap space for next summer. Minnesota is reportedly eyeing to create max cap room for the 2020 free agency after they failed to land a big fish this summer due to lack of space. They eyed D’Angelo Russell, who eventually found a home in Golden State.

In four seasons with the Timberwolves, he averaged 5.1 points and 3.3 rebounds. He is coming off his best season in the league, as he posted career-highs 6.9 points, 4.8 assists, 2.0 rebounds in 22.9 minutes per game.