REPORTS: Timberwolves fire Tom Thibodeau

The axe continues to fall in Minnesota. Two Months after trading Jimmy Butler, the Timberwolves continue to part ways with key figures from their team. Earlier today, the team fired Tom Thibodeau.

The firing was first reported by Shams Charania and Jon Krawczynski of The Athletic.

According to additional reports from Krawczynski and ESPN’s Adrian Wojnarowski, the team fire Thibodeau after their blowout win against the Lakers.

Thibodeau held two key positions in the organization. He was the head coach as well as team president. Thobodeau was in charge of making personnel decision, one of which was bringing in Jimmy Butler before last season.

With those two key positions vacant, assistant coach Ryan Saunders and GM Scott Layden will take over in the interim.

The Timberwolves head coaching position is a high-profile one ever since their emergence last season. There are several candidates already being mentioned to replace Thibodeau.

The hottest name on the list is Fred Hoiberg, the man who replaced him in Chicago. Earlier this season, Hoiberg was let go by the Bulls. Though there are conflicting reports on this matter. Wojnarowski reports that Hoiberg is being considered by team owner Glen Taylor for either the GM or head coach job. Hoiberg was an assistant GM in Minnesota before his head coaching stint in the NCAA.

Krawczynski reports that Hoiberg isn’t in the plans as of now.

The other names being considered are Monty Williams or Chauncey Billups.

Williams is an assistant in Philadelphia while Billups is currently an analyst in ESPN. The Timberwolves are looking for two people to fill in the head coach and GM role rather than consolidating them under one person like they did with Thibodeau.