Naz Reid and the Minnesota Timberwolves have agreed to sign a five-year, $125 million contract. The deal represents one of the largest contracts ever signed by a player coming off the bench and solidifies Minnesota’s commitment to their core rotation after consecutive trips to the Western Conference Finals.
Reid, who is represented by Sean Kennedy, will decline his $15 million player option for the 2025-26 season to sign the new contract. The contract includes a player option in the fifth year, providing Reid with additional security and flexibility when he is 30. Reid previously signed a three-year, $42 million contract in June 2023.
Reid averaged 14.2 points, 6.0 rebounds and 2.3 assists last season after winning Sixth Man of the Year in 2024. Reid’s versatility as both a traditional center and stretch-five gives head coach Chris Finch valuable lineup flexibility. Reid turns just 26 in August and was an undrafted free agent in 2019 after one season at LSU.
Reid’s path from undrafted rookie to $125 million player represents one of the NBA’s great success stories. After going unselected in the 2019 NBA Draft despite solid production at LSU, Reid joined Minnesota’s Summer League roster and earned a training camp invitation.
Minnesota’s commitment to Reid also reflects the modern NBA’s emphasis on versatile big men who can space the floor and defend multiple positions. His ability to play alongside Gobert or anchor second units makes him invaluable to championship aspirations.
Retaining Reid was critical for the Wolves after they decided to trade Karl-Anthony Towns before the 2024-25 season. Towns will earn $53.1 million next season, which is more than twice the amount Reid will make on his new contract.
The Wolves still face important roster decisions with Julius Randle and Nickeil Alexander-Walker both hitting free agency.