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Naz Reid, Wolves Agree To Five-Year, $125M Contract

Naz Reid, Wolves Agree To Five-Year, 5M Contract

Naz Reid has agreed to sign a five-year, $125 million contract with the Minnesota Timberwolves. Reid is declining his $15 million player option for the 2025-26 season to sign the new contract.

Reid, who is represented by Sean Kennedy, will have a player option in Year 5 as part of the new contract. Reid 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.

Minnesota also has free agent decisions to make on Julius Randle and Nickeil Alexander-Walker.

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June 27, 2025 | 9:30 pm

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