Overview

• Naz Reid declined his $15 million player option and agreed to a five-year, $125 million extension that includes a player option on the final year.
• Julius Randle opted out of his $31 million player option and secured a three-year, $100 million contract that also features a player option in its final season.
• Those back-to-back signings keep Minnesota’s payroll just below the NBA’s second apron, triggering strict roster restrictions and punitive luxury-tax penalties if exceeded.
• Timberwolves president Tim Connelly prioritized staying under the CBA’s second apron while retaining key contributors.
• With cap room constrained, the team faces difficult decisions on re-signing swingman Nickeil Alexander-Walker and may turn to younger options to fill remaining minutes.