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2h ago

Naz Reid Agrees to Five-Year, $125 Million Extension with Timberwolves

The extension edges Minnesota toward the NBA’s second luxury-tax apron, complicating its ability to retain Julius Randle or Nickeil Alexander-Walker.

Naz Reid #11 of the Minnesota Timberwolves dribbles the ball against Jonathan Kuminga #00 of the Golden State Warriors during the second quarter in Game Four of the Western Conference Second Round NBA Playoffs at Chase Center on May 12, 2025 in San Francisco, California.
Minnesota Timberwolves center Naz Reid dribbles the ball against the Golden State Warriors during a 2025 NBA Playoff game in Minneapolis on May 14, 2025.
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Overview

  • Reid declined his $15 million player option for 2025–26 and signed a five-year, $125 million extension that includes a fifth-year player option.
  • The deal will pay Reid roughly $25 million per season, pushing the Timberwolves close to the NBA’s second luxury-tax apron.
  • With limited cap flexibility, Minnesota must choose between re-signing Julius Randle or retaining key reserve Nickeil Alexander-Walker.
  • The extension locks Reid alongside Anthony Edwards and Rudy Gobert as part of Minnesota’s core through at least the 2029–30 season.
  • Undrafted in 2019, Reid rose to win 2023–24 Sixth Man of the Year after averaging career highs of 14.2 points and six rebounds off the bench.