Timberwolves and Reid reach a contract extension! 3 years 42 million with player options One data second only to Embiid
Beijing time on June 26, according to ESPN and other media reports, agents revealed that the Timberwolves have reached a three-year, $42 million contract extension with center Naz Reid, which includes player options.
Last season, Reid averaged 18.4 minutes per game in the regular season, with 11.5 points, 4.9 rebounds, 1.1 assists and 0.8 blocks. His last contract, signed in the summer of 2019, was valued at $6.12 million over four years and expired this summer. After many negotiations, the Timberwolves and Reid agreed. After last season, Reid also trained with Edwards, Gobert and others.
Interestingly, when previously asked if he would like to renew his contract with the Timberwolves, Reid had this to say: "I want to put myself in the best position possible. Money obviously plays a role, and I definitely want to be able to do my best with habit, a place where I can do what I can. I want to stay with the Timberwolves, but I don't know what's going to happen in the future, and I want to say I'm prepared for anything that might happen in the future. ”
According to reports, the maximum contract extension Reid can sign with the Timberwolves is a starting salary of $12.95 million, with specific annual salaries of $12.95 million, $13.98 million and $15.02 million, respectively. Prior to the extension, the Timberwolves had $21 million below the luxury tax line for salary space next season. With that extension, the Timberwolves could still use salary space to operate, while also retaining one of the best big men in the free agent market.
According to statistics, during the regular season this season, Reid has played a total of 312 minutes since All-Star, scoring a total of 242 points, an average of 0.78 points per minute, ranking second among center players in the league (playing at least 50 minutes). Second only to Embiid, this season's regular-season MVP, who finished first, and in third place is Jokic, who just led the team to a championship.