Minnesota Timberwolves middle Naz Reid intends to signal a brand new five-year, $125 million contract to stick with the franchise, sources informed ESPN on Friday.
The deal features a participant possibility, sources stated.
This marks a essential re-signing settlement between the Wolves and Reid’s brokers, Sean Kennedy and Jeff Schwartz of Excel Sports activities.
Reid declined a $15 million participant possibility for subsequent season and selected to stick with Minnesota regardless of a vibrant market growing of groups with related cash however with beginning roles.
The 2023-24 Sixth Man of the Yr, Reid had one other sturdy season coming off the bench for Minnesota, averaging a career-high 14.2 factors and 6.0 rebounds in 27.5 minutes per recreation. In 17 video games as a starter, he averaged 18.3 factors and 9.0 rebounds.
Reid, 25, has been an important a part of a Timberwolves group that has made the Western Convention finals in back-to-back seasons, serving to to stretch the ground as a prolific 3-point shooter. He was considered one of simply three ahead/facilities to common not less than 5.8 3-point makes an attempt per recreation final season, together with Kristaps Porzingis and Victor Wembanyama, and has shot 39.5% from lengthy vary over the previous two seasons.
Reid is also considered one of three gamers to attain 2,000 factors off the bench over the previous three seasons.
He signed a three-year, $42 million deal in 2023 with a participant possibility this summer season. He has spent his complete six-year NBA profession with the Timberwolves after becoming a member of the group in 2019 as an undrafted free agent out of LSU.
ESPN Analysis contributed to this report.
