Naz Reid Signs Five-Year, $125 Million Contract with Minnesota Timberwolves
In a significant move, the Minnesota Timberwolves have secured star player Naz Reid with a five-year contract worth $125 million. This decision comes as Reid leaps into a new chapter of his career after being one of the top free agents poised to enter the market. His commitment to the Timberwolves, the team that initially signed him as an undrafted free agent in 2019, allows the franchise to maintain its core strength as they look to continue their competitive momentum.
Performance Highlights
Reid had an impressive season in 2024-25, averaging 14.2 points, 6.0 rebounds, and 2.3 assists over 80 games, contributing significantly to the Timberwolves’ success. His performance earned him the title of Sixth Man of the Year for 2024, a testament to his all-around impact on the court. Notably, Reid played a crucial role in the team reaching the Western Conference Finals for the second consecutive year, making 17 starts during the regular season.
Contract Negotiation Details
Before signing the contract, there was uncertainty surrounding Reid’s future with the team, particularly after he declined a $15 million player option earlier this month. This move opened the door for unrestricted free agency, but the Timberwolves acted swiftly, locking him into a long-term deal prior to the official start of the negotiation period on June 30.
Future Prospects for the Timberwolves
The contract extension for Reid not only secures a key player for the team but also allows the Timberwolves to focus on their other roster decisions. Julius Randle, a star forward for the team, has until the end of June to decide on a $30.9 million player option, adding an element of suspense to the team’s off-season plans. Additionally, Nickeil Alexander-Walker, another pivotal player, is set to become an unrestricted free agent, expected to attract attention from various teams on the market.
Conclusion: Significance of the Deal
Naz Reid’s extension represents a commitment by the Timberwolves to maintain their competitive edge in a challenging Western Conference. The decision not only reflects confidence in Reid’s abilities but also solidifies the team’s core as they continue striving for excellence. With crucial decisions still ahead, the Timberwolves are positioning themselves for what could be an exciting upcoming season, navigating through strategic contracts to enhance their chances of success. As they build on their recent achievements, the continuity brought by Reid’s new deal may prove indispensable for reaching new heights in the competitive landscape of the NBA.
