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Timberwolves Secure Reid and Randle With Lucrative Multi-Year Extensions

Minnesota secures its key frontcourt under the second luxury tax apron with long-term extensions for Naz Reid alongside Julius Randle.

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

  • Naz Reid agreed to a five-year, $125 million extension that includes a player option on the final season after declining his $15 million option for 2025-26.
  • Julius Randle plans to sign a three-year, $100 million deal with a player option for 2027-28 after opting out of his $30.9 million player option.
  • The twin extensions keep Minnesota’s projected payroll below the NBA’s second luxury tax apron, a financial goal cited by president Tim Connelly.
  • Reid’s rise from undrafted free agent to 2024 Sixth Man of the Year highlights his value as a floor-spacing frontcourt piece alongside Anthony Edwards.
  • With Reid and Randle locked in, the Timberwolves now face decisions on remaining free agents such as Nickeil Alexander-Walker to round out their rotation.