Naz Reid, Minnesota Timberwolves
Credit: Winslow Townson-Imagn Images
A day after the 2025 NBA Draft concluded the Minnesota Timberwolves addressed one of the biggest looming questions for the offseason. Among key pieces with uncertain futures, Naz Reid was arguably the most necessary talent to keep.
The fan-favorite big man had the ability to opt-out of his current deal, and that was always going to happen. He has already picked up a Sixth Man of the Year Award, and Reid has become a focal point of Chris Finch’s rotation.
Rather than allowing Reid to hit the open market, president Tim Connelly made sure to hand out a payday that will keep him in Minnesota for the next five seasons.
Naz Reid signs five-year extension with Minnesota Timberwolves
Last season the MN Timberwolves opted to trade starting big man Karl-Anthony Towns to the New York Knicks. They had no intention of letting Naz Reid switch alliances, and they gave him $125 million reasons not to.
Just in: Minnesota Timberwolves' Naz Reid intends to sign a new five-year, $125 million contract to stay with the franchise, including a player option, sources tell ESPN. Critical agreement between the Wolves and Reid's agents, Sean Kennedy and Jeff Schwartz of Excel Sports. pic.twitter.com/FF9MjGvwb9
— Shams Charania (@ShamsCharania) June 28, 2025
Reid was in line to make just over $13 million this season. Instead he’ll average $25 million the next five seasons with the Minnesota Timberwolves.
The new five-year deal also includes a player option in the fifth year of the deal. Reid will be 26 years old this season and that makes the final year of his contract his age 30 season. He will then have an option to continue on with the Timberwolves or test the open market.
Naz Reid ‘24-25 bag work pic.twitter.com/smBidU9E37
— Brett Usher (@UsherNBA) June 13, 2025
Across 80 games for the Timberwolves this season Reid averaged a career-high 27.5 minutes per game. His 14.2 points per game were also a career-high, and he expanded his production to absorb some of the production lost from Towns.
The Minnesota Timberwolves are searching for a way to get past the Western Conference Finals this season. Each of the past two years they have fallen short in five games. Tim Connelly may need to shake up the roster some, but Reid is here to stay.
What’s next for MN Timberwolves?
With Reid’s deal done the next player to watch is newly acquired Julius Randle. The former New York Knicks big man has a player option that checks in at roughly $30 million for the 2025-26 season.
If Randle were to hit the open market, he would be among the premier options for teams to target. What his potential contract would like remains to be seen. It took him some time to acclimate in Minnesota, and he faded a bit at times in the playoffs.
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Still it’s likely the Timberwolves want to retain his services, and Randle can be part of a core that resembles much of the 2024-25 squad.
The expectation remains that Nickeil Alexander-Walker will land elsewhere. Like Reid, he has played himself into a bigger contract. That’s unlikely to come from Minnesota.
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