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

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.

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