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

The Minnesota Timberwolves are locking up one of their key contributors. Naz Reid has agreed to a five-year, $125 million contract extension. The deal includes a player option for the fifth and final season. It solidifies Reid’s future in Minnesota after he declined his option. He was expected to test the market, but chose to stay home. The news was first reported by ESPN’s Shams Charania.

Reid reportedly passed on similar offers from multiple other NBA teams. He had suitors willing to pay and give him a starting role. Still, he opted for familiarity and continuity with the Timberwolves organization. Minnesota’s front office finalized terms with agents Sean Kennedy and Jeff Schwartz. The move comes as the Wolves continue building around their young core. Reid now joins Anthony Edwards and Jaden McDaniels as long-term building blocks.

Timberwolves Lock In Core Piece

Reid’s journey from undrafted rookie to franchise cornerstone is officially complete. He joined Minnesota in 2019 after going undrafted out of LSU. Since then, he’s developed into one of the league’s top bench scorers. He averaged 14.2 points, six rebounds and 2.3 assists last season. He also shot nearly 38 percent from deep, a career-best mark. That efficiency made him a vital weapon in Minnesota’s offensive rotations.

His efforts were recognized when he earned NBA Sixth Man honors. Reid became the first Timberwolf to win that award since 2004. Despite playing behind veterans like Rudy Gobert and Julius Randle, he shined. His ability to stretch the floor gave Minnesota a different offensive dimension. He played especially well during critical postseason moments for the franchise. Now, his extension reflects that value and his projected future contributions.

Cap Ramifications and Future Outlook

While the move locks in Reid, it creates financial complications elsewhere. Minnesota will need to shed salary to avoid second-apron restrictions. That likely means tough roster decisions are coming for the front office. A player like Nickeil Alexander-Walker could be impacted soon. Unless trades are made, retaining both becomes nearly impossible under current constraints. Expect the Wolves to explore cost-cutting options before training camp opens.

Reid’s new deal makes him one of the NBA’s highest-paid reserves. Still, his performance and upside justify the long-term financial commitment. At just 25 years old, he may not have reached his ceiling. A full-time starting role could come later as roster dynamics shift. His versatility and growth make him a reliable piece going forward. Timberwolves leadership clearly believes he’s essential to their championship-level aspirations.

Final Thoughts

Reid’s decision to stay in Minnesota speaks volumes about team culture. He chose stability and trust over a larger role on another roster. His loyalty and work ethic have earned him respect across the NBA. This deal ensures he’ll continue making an impact on and off the court. It’s another step forward for a Timberwolves team chasing sustained success. Reid’s presence gives Minnesota a competitive edge in a loaded Western Conference.

Front offices rarely hit home runs with undrafted players—this one did. Reid’s story is a model for development, patience, and mutual commitment. With Reid secured, attention turns to managing the rest of the cap. The Wolves must now navigate difficult decisions to remain financially flexible. However, one thing’s clear—Reid is a foundational part of their identity. His next chapter in Minnesota is just beginning with this extension.