Report: Naz Reid To Sign Five-Year $125M Extension….
NBA star bench‑sparkplug Naz Reid has agreed to stay in Minnesota, signing a five‑year, $125 million extension with the Timberwolves. The deal—which includes a fifth‑year player option—was first reported by ESPN’s Shams Charania and confirmed by outlets like CBS Sports, SI, Bleacher Report, and NBC Sports .
Deal duration & value: Five years, $125 million total (with a player option for the 2029–30 season) .
Why it matters: Reid declined his $15M option for 2025–26, choosing long-term security and continuity. He reportedly had market interest from teams offering starting roles, but opted to remain in Minnesota .
Performance: Averaged career-high 14.2 PPG, 6 RPG last season. Winner of NBA Sixth Man of the Year in 2024, instrumental in back-to-back Western Conference Finals runs .
Cap ripple effects: This extension places the Timberwolves near the NBA’s second tax apron ($206M) and could limit their ability to retain Julius Randle and Nickeil Alexander-Walker unless cap space is managed creatively .
Reid – an undrafted 6’9″ forward/center out of LSU – has steadily grown into a key rotation piece. At just 25 (soon 26), he’s shown he can stretch the floor and deliver high-energy offense off the bench. The T‑Wolves locking him in helps solidify their depth and continuity around stars like Anthony Edwards, Rudy Gobert, and the pending decision on Julius Randle’s $30.9M player option .
This move signals Minnesota’s commitment to maintaining its core and pursuit of a championship window—even if it means navigating tight cap constraints in the short term.
