Report: Timberwolves trade Julius Randle to Brooklyn Nets as part of 3-team deal

The Minnesota Timberwolves are reportedly trading three-time All-Star Julius Randle to the Brooklyn Nets in a three-team trade that sends Nic Claxton to the Chicago Bulls.

Minnesota is sending the 28th pick to the Nets and will be receiving the No. 33 pick that will be made in the second round on Wednesday night, according to a person who spoke to the Associated Press on condition of anonymity because the deal has not received the required approvals from the league office.

For Minnesota, the trade opens up a slew of financial possibilities. It creates a $33 million trade exception, plus gives the Timberwolves room they can use to re-sign Ayo Dosunmu and target more players in free agency.

Randle, a three-time All-Star, will be moving to his fifth team after stints with New York, the Los Angeles Lakers, New Orleans and the Timberwolves. He averaged 21.1 points this past season, though shot just 39% from the field and 24% from 3-point range in Minnesota's 12 playoff contests.

Claxton just finished his seventh NBA season, all with Brooklyn. He averaged 11.7 points this past season.

The 2026 NBA Draft begins Tuesday night.