The Minnesota Timberwolves have fired head coach and team president Tom Thibodeau.

Thibodeau had a 97-107 record as coach of the Timberwolves, the second most wins in franchise history.

Fred Hoiberg is rumored to be a strong candidate to replace Thibodeau as head coach or Scott Layden as general manager.

Layden remains the Timberwolves GM for now.