After spending a year in Spain, Trey Lyles is returning stateside, according to Jon Krawczynski of The Athletic, who reports (via Twitter) that the veteran forward will sign a one-year contract with the Timberwolves.

Lyles spent 10 years in the NBA with Utah, Denver, San Antonio, Detroit, and Sacramento from 2015-25, averaging 7.6 points and 4.3 rebounds in 18.4 minutes per game over the course of 650 regular season appearances.

After Lyles headed overseas to play for Real Madrid in 2025/26, reporting throughout the spring suggested that the Spanish club wanted to re-sign him, but the 30-year-old was said to be prioritizing a return to the NBA.

Lyles’ lone season in Europe was a success, as he helped Real Madrid reach this year’s EuroLeague championship game by averaging 13.3 points, 4.3 rebounds, and 1.6 assists in 20.9 minutes per contest across 36 outings in the continent’s top league. He posted an excellent shooting line of .515/.443/.792.

This isn’t the first time that Timberwolves president of basketball operations Tim Connelly has acquired Lyles. During his time as the Nuggets’ head of basketball operations, Connelly traded for the Canadian at the 2017 draft, acquiring him from the Jazz in the process of moving down from No. 13 to No. 24.

Unfortunately for Connelly and the Nuggets, the pick they gave up in that trade became Donovan Mitchell, who starred for their division rivals in Utah for the next five years. This time around, adding Lyles will come with far less potential downside — while the details of the deal aren’t yet known, it seems likely to be a minimum-salary contract.

The Timberwolves have agreed to trades that will send out Julius Randle and Naz Reid, so they had been in the market for additional depth at the power forward spot to go along with promising 2025 first-rounder Joan Beringer. While Minnesota is probably a long shot to land star forward LeBron James, signing Lyles won’t affect the team’s pursuit of the four-time MVP, notes Krawczynski (Twitter link).