I think the Wolves are going to hang onto K Love for next season and make some moves to improve their chances of making the playoffs - its folly for them to give up while they have a ghost of a chance. Its unfortunate for them they couldn't get an energetic young coach as I never thought very highly of Flip as a coach. Hiring himself as a coach probably puts him in a bad light as a GM.
Dieng is the main reason I think they have a decent shot at making the playoffs next year - they might have made it this past year if they'd played him consistently all season. Were I them I'd pursue Chandler Parsons and/or Gordon Hayward, both of whom are good, smart all around players. Or maybe swap Pekovic for some high scoring wing - something to shake things up a bit. Give Rubio more good passing options so he doesn't have to shoot much at all. Shabazz might blossom or they could get a scoring wing in the draft but I don't think I'd want to bet on those options. Kevin Martin was their second leading scorer last year at 19+ per game but he probably won't keep that up - another reason to bring in a talented SF. They also need a better back up PG - they have 3 now in JJ Barea, Alxexy Shved and AJ Price none of whom got a reasonable number of assists this past year.