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Julius Randle Nears Three-Year Timberwolves Extension Worth Up to $100 Million

The player option in the final year highlights Randle’s leverage; it offers salary cap flexibility for Minnesota.

Julius Randle #30 of the Minnesota Timberwolves reacts against the Oklahoma City Thunder during the third quarter in Game Three of the Western Conference Finals of the 2025 NBA Playoffs at Target Center on May 24, 2025 in Minneapolis, Minnesota.
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Overview

  • A league source says Randle and Minnesota are finalizing a three-year extension that runs through the 2027–28 season; no official announcement has been made.
  • The third year of the contract is a player option that could boost its total value to roughly $100 million if Randle chooses to stay.
  • Before negotiations, Randle held a $30.9 million player option for 2025–26 and faced the prospect of unrestricted free agency in 2026.
  • In his first season with the Timberwolves, he averaged 18.7 points and 7.1 rebounds per game while helping Minnesota reach the Western Conference finals.
  • Randle was acquired last fall in the trade that sent Karl-Anthony Towns to New York, marking his fourth NBA team over 11 seasons.