Official waiver in Minnesota
The Minnesota Timberwolves have waived guard Stephen Thompson, effective September 19, leaving him without an NBA team after a waiver transaction that confirms his exit from the main roster. The move is official and fits the usual preseason routine for players tied to G League development paths.
The transaction appears in NBA.com oficial and was reported by HoopsHype, which places the cut one day after Thompson signed a training camp contract with the franchise.
Thompson profile
Thompson, a 6-foot-4 guard out of Oregon State, returns to the NBA environment after a career split between the G League and international basketball. He went undrafted in 2019 and has moved through Italy, Israel, Puerto Rico and development leagues; last season he averaged 15.8 points, 5.4 rebounds, 4.0 assists and 1.2 steals in 45 games with the Wisconsin Herd.
HoopsHype confirms the official waiver and leaves Thompson as a free agent while his next step within the franchise ecosystem is defined, with G League affiliate Iowa Wolves a possible destination if Minnesota acquires his rights.
What the waiver means
By leaving the Timberwolves main roster, Thompson no longer occupies a preseason spot and becomes a free agent until his fit within the project is defined. The move does not necessarily signal a break with Minnesota, but rather the usual path between a training camp contract and a G League or market destination.
For Minnesota, the cut fits the development structure the Timberwolves are consolidating before training camp, prioritizing G League rights control rather than locking roster spots on the main NBA team.
Roster context
Thompson waiver comes in September, within the procedural wave before training camp. The transaction repeats the dynamic the Timberwolves have used with other camp profiles signed to non-guaranteed deals in this market window.