The Timberwolves have locked in McDaniels on a one-year, $40 million contract extension.

October 20th - According to ESPN , the Minnesota Timberwolves have reached a contract agreement with forward Jaden McDaniels . The contract is a one- year, $ 40 million deal that runs until the end of the 2029-30 season.

McDaniels signed a five- year, $ 136 million contract with the Timberwolves in 2023. With this extension, the Timberwolves will pay the 26- year-old forward approximately $ 124 million over the next four years . Under the agreement, he can renegotiate a contract extension as early as 2028 , with a starting salary of up to 140% of $ 40 million ; he can also choose to become a free agent in the summer of 2030 .

McDaniels is expected to have a career-best season in 2025-26 , averaging 14.8 points, 4.2 rebounds, 2.7 assists, 1.1 steals and 1.0 blocks per game in the regular season, with a field goal percentage of 51.5% and a three-point percentage of 41% , setting multiple career highs.

After entering the playoffs, his scoring average increased to 16.3 points per game, and he scored 32 points in Game 6 of the first round against the Denver Nuggets , helping the Timberwolves eliminate their opponents.

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