The Minnesota Timberwolves are set to re-sign beloved veteran Mike Conley Jr. after a whirlwind week of trades.

MINNEAPOLIS — The Minnesota Timberwolves are getting back free agent guard Mike Conley Jr., according to ESPN’s Shams Charania.

“The sides are working on timing of him re-signing.”

Conley was traded twice this week before being released and allowed to rejoin the Wolves.

Conley was part of a three-team trade that cleared salary and roster space ahead of Thursday’s NBA trade deadline for the Wolves.

Conley went to the Chicago Bulls, and then he was sent to the Charlotte Hornets.

On Thursday, the Hornets announced that the team waived Conley.

Conley, a 19-year NBA veteran, is a fan favorite of the Wolves.

Free agent guard Mike Conley Jr. plans to return to the Minnesota Timberwolves, sources tell ESPN. The sides are working on timing of him re-signing. Conley was traded twice this week – to Chicago, then to Charlotte – before being released and allowed to rejoin the Wolves. pic.twitter.com/ht6HVIIqm4

— Shams Charania (@ShamsCharania) February 6, 2026

The Fayetteville, Arkansas, native spent the first 12 seasons of his career with the Memphis Grizzlies, according to NBA.com. Conley then spent three-and-a-half seasons with the Utah Jazz before spending the last three-and-a-half seasons with Minnesota. According to the NBA, Conley is one of seven active players to be drafted in 2007 or earlier. Conley averages 13.7 points, 2.9 rebounds, 5.6 assists and 1.6 steals in 1,216 career appearances. 

On Thursday, ahead of the  NBA trade deadline, the Timberwolves traded with the Chicago Bulls to get guard Ayo Dosunmo and sent Rob Dillingham to Chicago. Minnesota is getting Dosunmo and Julian Phillips, while Chicago receives Dillingham, Leonard Miller and four future second-round picks.