Wolves sign 2020 first-round pick Leandro Bolmaro to rookie contract

Leandro Bolmaro, the No. 23 pick in the 2020 draft, will be signing his rookie scale contract with the Timberwolves this week, according to Dane Moore of Blue Wire (Twitter link). Darren Wolfson of 5 Eyewitness News adds (via Twitter) that the deal is expected to be completed in the next 24 hours.

The Wolves stashed Bolmaro overseas for a year after drafting him — he remained with Barcelona in Spain for another season in 2020-21 before coming stateside.

The 21-year-old guard won a Liga ACB championship and a Spanish Cup title with the team in 2021, and he was named the ACB Most Spectacular Player (essentially an award for the player who shows up the most on the league’s highlight reel). He averaged 6.4 PPG, 1.8 APG and 1.5 RPG on .500/.453/.867 shooting in 33 Liga ACB games (15.5 MPG).

As a No. 23 pick, Bolmaro will sign a rookie contract identical to the one signed by this year’s 23rd overall selection, Usman Garuba. That means he’ll earn about $2.35M as a rookie and $11.8M over four years, as our breakdown shows.

The Wolves, who also reached agreements with restricted free agents Jarred Vanderbilt and Jordan McLaughlin last week, are expected to formally announce those deals soon, per Wolfson. Once Vanderbilt, McLaughlin and Bolmaro are locked up, Minnesota’s regular-season roster looks set, barring a trade, according to Moore, who notes that the club would have to cross the luxury tax line in order to retain a 15th man.

The Wolves will have 12 players on guaranteed contracts, plus Naz Reid and Jaylen Nowell on non-guaranteed deals.