ESPN’s Shams Charania reports that the Timberwolves and Jaden McDaniels agreed to a one-year, $40 million extension.
McDaniels’ contract now runs through the 2029-30 season, with the ability to negotiate another extension as soon as 2028. With the Timberwolves trading Julius Randle and Naz Reid this offseason, McDaniels has a higher offensive ceiling than in previous seasons. He could be one of the steals of the upcoming fantasy basketball season.