MINNEAPOLIS – In a significant move for the Minnesota Timberwolves, center Naz Reid has agreed to a five-year, $125 million contract to remain with the team, according to sources close to the negotiations. The agreement, which includes a player option, highlights Reid’s commitment to the franchise despite interest from other teams offering similar financial terms.
Breaking: Reid’s Commitment to Minnesota
The decision to stay with the Timberwolves comes after Reid declined a $15 million player option for the upcoming season. Sources indicate that Reid, 25, chose stability and a familiar environment over potential starting roles elsewhere, underscoring his dedication to the team’s long-term success.
Immediate Impact
Reid’s re-signing is a pivotal moment for the Timberwolves, who have relied on his versatility and scoring ability. As the 2023-24 Sixth Man of the Year, Reid delivered impressive performances off the bench, averaging a career-high 14.2 points and 6.0 rebounds per game. His impact was even more pronounced in his 17 starts, where he averaged 18.3 points and 9.0 rebounds.
14.2 points and 6.0 rebounds per game in the 2023 season
Key Details Emerge
Reid’s agents, Sean Kennedy and Jeff Schwartz of Excel Sports, played a crucial role in finalizing the agreement. The contract not only secures Reid’s future with the Timberwolves but also reflects the franchise’s confidence in his abilities to contribute significantly to their success.
Reid has been a cornerstone of the Timberwolves’ strategy, especially with his proficiency in stretching the floor. He is one of only three forward/centers to average at least 5.8 three-point attempts per game last season, joining the ranks of Kristaps Porzingis and Victor Wembanyama.
39.5% from long range over the past two seasons
Industry Response
The announcement comes as a relief to Timberwolves fans and management, who view Reid as integral to the team’s aspirations. His ability to score off the bench has been unmatched, with over 2,000 points accumulated in that role over the past three seasons.
By the Numbers
- 5-year, $125 million contract
- Player option included
- 2023-24 Sixth Man of the Year
Background Context
Reid’s journey with the Timberwolves began in 2019 when he joined as an undrafted free agent out of LSU. Over the years, he has developed into a key player, contributing to the team’s consecutive appearances in the Western Conference finals.
This development builds on Reid’s previous three-year, $42 million contract signed in 2023, which also included a player option. His consistent performance and loyalty to the Timberwolves have been evident throughout his six-year career with the team.
What Comes Next
Looking forward, Reid’s continued presence is expected to bolster the Timberwolves’ competitive edge in the Western Conference. His role as a versatile scorer and reliable team player will be crucial as the franchise aims for deeper playoff runs and potential championship contention.
According to sources familiar with the team’s strategy, Reid’s signing is part of a broader plan to maintain a strong core of players capable of challenging the league’s top contenders.
ESPN Research contributed to this report.
