Julian Phillips Rumors

The Houston Rockets today announced they have signed free agent forward Julian Phillips. Phillips (6-8, 201) was the 35th overall pick by Boston in the 2023 NBA Draft following his freshman season at Tennessee.  He spent his first two and a half seasons with Chicago before being acquired by Minnesota via trade on Feb. 5, 2026.

NBA.com

Etienne Catalan: Terrence Shannon Jr. (@Sn1per_T) will wear No. 4 for the #Timberwolves. Number last worn by Julian Phillips in 2026. #NBA

x.com

Jon Krawczynski: The Timberwolves are declining the team option on Julian Phillips, a source told @TheAthletic.

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Michael Scotto: The Minnesota Timberwolves will decline their $2.41 million team option on Julian Phillips and will not extend him a qualifying offer, thus making him an unrestricted free agent, league sources told @hoopshype.

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According to a league source, Detroit did pursue Dosunmu, but the asking price was just too high. The Minnesota Timberwolves traded Rob Dillingham, Leonard Miller and four second-round picks in exchange for Dosunmu and Julian Phillips. The Bulls wanted young talent and picks, which the Pistons weren’t willing to offload for Dosunmu, who is now entering free agency.

New York Times

Jon Krawczynski: Kinda crazy part of this trade: The Wolves stayed overnight in Toronto. The Bulls arrived in Toronto yesterday in preparation for their game against the Raps tonight. Maybe just put Ayo and Phillips on the plane to Minnesota this morning?

x.com

Shams Charania: Minnesota traded Rob Dillingham, Leonard Miller and four second-round picks to Chicago for Dosunmu and Julian Phillips, sources said.

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Yossi Gozlan: Timberwolves cap sitiation after acquiring Ayo Dosunmu and Julian Phillips for Rob Dillingham, Leonard Miller, and four second-round picks. Dosunmu's $7.5 million made him one of the more attainable guard options for them. He can extend for up to three years, $52 million.

Twitter

Bobby Marks: Ayo Dosunmu is on an expiring $7.5M contract. He is eligible to sign up to a three year extension prior to June 30. Dillingham has $6.6M, $6.9M and $8.8M (T) left on his rookie contract. Miller has a $2.4M team option for next season. Minnesota now has two available seconds.

x.com

Joel Lorenzi: This is a whirlwind, but Phillips and Olbrich now available, and White and Terry are ruled OUT.

x.com

K.C. Johnson: Julian Phillips is late scratch with illness, per injury report

Twitter

KC Johnson: Bulls list Ayo Dosunmu questionable vs. Knicks with left quad contusion. Julian Phillips is probable with back tightness. Noa Essengue is out on G League assignment.

x.com

K.C. Johnson: Tre Jones held out of practice after jamming foot but could play Tuesday. Kevin Huerter did more and is trending toward playing in preseason, maybe Thursday. Julian Phillips (knee soreness) still out.

Twitter

K.C. Johnson: Julian Phillips (knee strain) and Kevin Huerter (groin) remain out. Yuki Kawamura (lower leg soreness) also out vs. Bucks.

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