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.