May 24, 2025; Minneapolis, Minnesota, USA; Minnesota Timberwolves forward Julius Randle (30) reacts against the Oklahoma City Thunder during the second half in game three of the western conference finals for the 2025 NBA Playoffs at Target Center. Mandatory Credit: Brad Rempel-Imagn Images Brad Rempel-Imagn Images

Julius Randle signs new three-year contract extension to remain with Timberwolves

Originally posted on Minnesota Timberwolves on SI
By Tony Liebert | Last updated Jun 29, 2025 1:35 PM ET

Julius Randle has signed a new three-year, $100 millon contract to stay with the Timberwolves according to a post on X from ESPN Insider Shams Charania.

BREAKING: Three-time NBA All-Star Julius Randle intends to sign a new three-year, $100 million deal to stay with the Minnesota Timberwolves, sources tell ESPN. The deal includes a player option for the 2027-28 season. pic.twitter.com/j8fKA45gXu
— Shams Charania (@ShamsCharania) June 29, 2025

After acquiring Randle from the New York Knicks before last season, he had a player-option worth nearly $30 million this offseason. This contract announcement means he has declined that option and he will make roughly $33 million annually over the next three seasons with a player option for the 2027-28 season according to Charania.

Minnesota's two biggest offseason questions have been answered. Randle and Naz Reid have now both signed long-term extensions to remain with the team.