MINNEAPOLIS – In a significant move for the Minnesota Timberwolves, center Naz Reid has agreed to a new five-year, $125 million contract to remain with the franchise, according to sources from ESPN.
Breaking: Reid’s Major Contract Renewal
The announcement comes as Reid, a pivotal player for the Timberwolves, decided to stay with the team despite interest from other franchises offering similar financial terms but with starting roles. The deal includes a player option, providing Reid with flexibility in his future career decisions.
Immediate Impact
This development builds on Reid’s impressive performance as the 2023-24 Sixth Man of the Year, where he averaged a career-high 14.2 points and 6.0 rebounds in 27.5 minutes per game. His contributions have been instrumental in the Timberwolves’ consecutive runs to the Western Conference finals.
Key Statistic: In 17 games as a starter, Reid averaged 18.3 points and 9.0 rebounds.
Key Details Emerge
Reid’s decision to decline a $15 million player option for the upcoming season underscores his commitment to Minnesota. His agents, Sean Kennedy and Jeff Schwartz of Excel Sports, have been central to securing this critical re-signing agreement.
Industry Response
Meanwhile, industry experts highlight Reid’s ability to stretch the floor as a prolific 3-point shooter. He was one of only three forward/centers to average at least 5.8 3-point attempts per game last season, alongside Kristaps Porzingis and Victor Wembanyama.
By the Numbers: Reid has shot 39.5% from long range over the past two seasons.
What Comes Next
According to sources familiar with the situation, Reid’s continued presence in Minnesota is expected to bolster the team’s aspirations for deeper playoff runs. His versatility and scoring ability off the bench remain invaluable assets for the Timberwolves.
Background Context
Reid, 25, has spent his entire six-year NBA career with the Timberwolves after joining the team in 2019 as an undrafted free agent from LSU. His rise to prominence in the league has been marked by consistent improvement and adaptability.
Timeline of Events: Reid signed a three-year, $42 million deal in 2023 with a player option for this summer.
Expert Analysis
The timing is particularly significant because Reid’s decision to stay with the Timberwolves reflects his confidence in the team’s future prospects. ESPN’s analysts suggest that his re-signing could attract additional talent to Minnesota, further enhancing their competitive edge.
Regional Implications
The move represents a significant shift from Reid’s previous contract terms and signals the Timberwolves’ commitment to retaining key players as they aim for sustained success in the Western Conference.
As the NBA season approaches, Reid’s contract renewal is set to be a defining factor in the Timberwolves’ strategy and performance, with fans eagerly anticipating the impact of his continued contributions.
