Naz Reid Agrees to Five-Year, $125M Extension with Timberwolves

Minnesota Timberwolves big man Naz Reid is set to remain with the franchise long-term, agreeing to a five-year, $125 million contract, per ESPN’s Shams Charania. The deal includes a player option for the 2029–30 season and will be finalized after free agency opens on July 6.

A fan favorite and critical bench contributor, the 25-year-old Reid has steadily developed into one of the NBA’s top reserves. He was named the 2023–24 Sixth Man of the Year after averaging a career-best 14.2 points and 6.0 rebounds in 27.5 minutes per game. Reid’s offensive versatility and three-point shooting have made him a vital part of Minnesota’s success, helping them reach the Western Conference Finals in consecutive seasons. The Timberwolves’ decision to retain him signals their intent to continue contending in the competitive Western Conference.