Latest news with #SixthManoftheYear
NBC Sports
10 hours ago
- Business
- NBC Sports
Naz Reid reportedly to sign five-year, $125 million extension to stay in Minnesota
Take another name off the potential free agent board. Naz Reid and the Minnesota Timberwolves have agreed to a five-year, $125 million contract extension, a story broken by Shams Charania of ESPN. This keeps a key part of Minnesota's roster in place, a group that has advanced to back-to-back Western Conference Finals. Ried will decline his $15 million player option as part of this contract extension. That was expected, and other teams were eyeing the 2024 Sixth Man of the Year, with Chrania describing a 'vibrant market developing' willing to pay in the neighborhood of what the Timberwolves paid to keep him, but with some teams offering a starting role. Detroit, a team looking for a stretch big, was one team consistently mentioned as interested in Reid. (As of this writing, only Brooklyn would have the cap space to make that kind of offer, but other teams could get there if they wanted.) Reid, 25, averaged 14.2 points and six rebounds a game for the Timberwolves last season. He shot 37.9% from beyond the arc, providing a change of pace from starting center Rudy Gobert. Reid also stepped up with some big games in Minnesota's playoff runs. Minnesota is not done with questions about re-signing big men. They need to decide on Julius Randle, who has a $30.9 million player option that must be picked up by Sunday. He is also seeking an extension.
NBC Sports
11 hours ago
- Business
- NBC Sports
Naz Ried reportedly to sign five-year, $125 million extension to stay in Minnesota
Take another name off the potential free agent board. Naz Reid and the Minnesota Timberwolves have agreed to a five-year, $125 million contract extension, a story broken by Shams Charania of ESPN. This keeps a key part of Minnesota's roster in place, a group that has advanced to back-to-back Western Conference Finals. Ried will decline his $15 million player option as part of this contract extension. That was expected, and other teams were eyeing the 2024 Sixth Man of the Year, with Chrania describing a 'vibrant market developing' willing to pay in the neighborhood of what the Timberwolves paid to keep him, but with some teams offering a starting role. Detroit, a team looking for a stretch big, was one team consistently mentioned as interested in Reid. (As of this writing, only Brooklyn would have the cap space to make that kind of offer, but other teams could get there if they wanted.) Reid, 25, averaged 14.2 points and six rebounds a game for the Timberwolves last season. He shot 37.9% from beyond the arc, providing a change of pace from starting center Rudy Gobert. Reid also stepped up with some big games in Minnesota's playoff runs. Minnesota is not done with questions about re-signing big men. They need to decide on Julius Randle, who has a $30.9 million player option that must be picked up by Sunday. He is also seeking an extension.
Time of India
11 hours ago
- Sport
- Time of India
Minnesota Timberwolves' Naz Reid could sign a whopping $125 million contract to stay with Anthony Edwards-led roster
The Minnesota Timberwolves may have solved one of their biggest offseason puzzles before free agency even opened. According to multiple reports, Naz Reid is expected to remain in Minnesota after agreeing to a five-year contract worth up to $125 million. Tired of too many ads? go ad free now The 25-year-old forward has declined his $15 million player option to sign a long-term extension, a move that shows the franchise's confidence in his growing role alongside rising superstar . The Minnesota Timberwolves lock in Sixth Man of the Year Naz Reid with a massive extension Shams Charania of ESPN broke the news on X: 'Just in: Minnesota Timberwolves' Naz Reid intends to sign a new five-year, $125 million contract to stay with the franchise, including a player option, sources tell ESPN. Critical agreement between the Wolves and Reid's agents, Sean Kennedy and Jeff Schwartz of Excel Sports.' Charania followed up with added context that shows how rare Reid's decision is in today's . 'Reid declined a $15 million player option for next season and chose to stay with Minnesota despite a vibrant market developing of teams interested with similar money but with starting roles. The 2024 Sixth Man of the Year and Minnesota are locked in for the long term.' Reid has been one of the crucial superstars of the Timberwolves' postseason success, helping them reach back-to-back Western Conference Finals. He averaged a career-best 14.2 points per game last season while also becoming a vital part of their offensive spacing. His ability to stretch the floor makes him a valuable partner to Rudy Gobert and Julius Randle. His partnership and support of Anthony Edwards in the games will continue. Charania added more weight to his value: 'He is one of just three NBA players over the last three seasons to score 2,000 points off the bench.' Tired of too many ads? go ad free now That level of production is rare for non-starters, making the Timberwolves' commitment easier to justify. Also Read: Still, questions remain about the long-term structure. As KSTP Sports reported, 'Two sources confirm that the Wolves and Reid's representation are in agreement on a 5-year deal worth up to $125 million. The exact structure of the contract was still being worked through, as of late Friday.' Reid is expected to turn down the player's option before Sunday's deadline to make the deal official.
USA Today
13 hours ago
- Sport
- USA Today
Naz Reid expected to sign contract extension with Timberwolves, per report
Center Naz Reid is expected to factor into the Minnesota Timberwolves' long-term plans. Reid intends to sign a new five-year deal worth $125 million and features a player option, according to ESPN's Shams Charania. The 6-foot-9 center had another strong season coming off the bench as the primary backup behind Rudy Gobert. Reid also provides some versatility on the roster with the ability to play as a power forward. Reid's new extension will closely align with Timberwolves star Anthony Edwards, who is under contract until the conclusion of the 2028-29 season. Reid averaged a career-high 14.2 points, 6.0 rebounds, and 2.3 assists in 80 games, with 17 starts, shooting 38.9 percent from 3-point range this past season. He has averaged 11.6 points, 4.9 rebounds and 1.3 assists through the first six years of his career. Naz Reid's contract history Reid has been one of the best values in the NBA, finding an important role after going undrafted in 2019 following one season at LSU. He has become a fan favorite and a primary option off the bench or a spot start when matchups dictate it. Reid initially signed a two-way contract with the Timberwolves on July 5, 2019, as an undrafted free agent from LSU. His contract was converted from a two-way deal to a regular contract 13 days later. He had previously signed a contract extension in June 2023. The 25-year-old signed a three-year, $41.9 million contract in 2023, and it immediately paid dividends as he won the NBA Sixth Man of the Year award the following year. He had one year left on that previous contract worth $15 million for the 2025-26 season. The USA TODAY app gets you to the heart of the news — fast. Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.
Newsweek
13 hours ago
- Sport
- Newsweek
Naz Reid Inks Huge $125 Million Contract With Timberwolves
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Minnesota Timberwolves center Naz Reid signed a five-year, $125 million deal with the team, staying in Minnesota for the foreseeable future. Reid will earn $25 million per season during the deal, though his contract does come as a surprise. The Timberwolves were facing payroll issues since Reid and Julius Randle were set to be free agents. The team faced difficulties committing long-term money to both, though Reid is now secured heading into the season. More NBA news: Austin Reaves Reportedly Reaches Decision on Lakers Contract Extension Reid had a $15 million player option left on his deal that could have made him a free agent in 2026, when teams will have significantly more cap space. Naz Reid #11 of the Minnesota Timberwolves dribbles the ball against Jonathan Kuminga #00 of the Golden State Warriors during the second quarter in Game Four of the Western Conference Second Round NBA Playoffs at... Naz Reid #11 of the Minnesota Timberwolves dribbles the ball against Jonathan Kuminga #00 of the Golden State Warriors during the second quarter in Game Four of the Western Conference Second Round NBA Playoffs at Chase Center on May 12, 2025 in San Francisco, California. More Photo byThe center could have netted more money if he had accepted his player option and had another season of high-level production, though there was a risk that his value would be negatively impacted. Instead, he chose to stay with the team that drafted him and secure his long-term financial future. More NBA news: Mavericks Fans Erupt in 'Fire Nico Harrison' Chant After Cooper Flagg Pick The former LSU product won the 2023-2024 Sixth Man of the Year. Reid had a career year during last season, averaging 14.2 points per game and six rebounds in 27.5 minutes. Reid is still only 25 years old, leaving the Wolves with the early half of the center's prime. He is an ultra-valuable floor-spacing center who can rebound at a high level and make room for Anthony Edwards to operate in the paint. Reid provides a good change of pace over Gobert, who is a non-shooter that defends well, but operates in the paint on offense. On the other hand, Reid's defense is at replacement level, able to hold his own, although still limited when guarding out on the perimeter and with rim protection. He shot 37.9 percent from the 3-point line on 5.8 attempts per game over the last season, cementing himself as a top shooting big man. Julius Randle's future remains uncertain since he hasn't yet decided on his player option. Since the Timberwolves fell short of the NBA Finals, the team might shake up its roster and move on from Randle. Regardless of what happens with Randle, Reid's future in Minnesota is set. More NBA news: NBA Insider Provides Massive Update on Giannis Antetokounmpo Trade Rumors Warriors Pull Off Massive NBA Draft Trade With Suns For more on the Minnesota Timberwolves and general NBA news, head on over to Newsweek Sports.
