Timberwolves, McDaniels agree to 1-year, $40M extension

Locked in through 2029-30, eligible again in 2028

Wire Report IntelligenceUpdated 54m1 min read

What happened: Jaden McDaniels agreed to a one-year, $40 million extension with the Minnesota Timberwolves, per Charania. Agents Nima Namakian and Bill Duffy told ESPN the deal keeps McDaniels under contract through the 2029-30 season.

Why it matters: The agreement secures Minnesota's All-Defense wing entering the 2026-27 season. It lands $1.7M under the 140% max allowance and leaves McDaniels eligible for an extension again in the 2028 offseason.

By the numbers: Extension: 1 year, $40 million. Under contract through 2029-30. $1.7 million under 140% max allowance.

What to watch: Minnesota moves toward the 2026-27 season with its starting wing rotation intact. Formal team announcement comes next.

Sources

espn.com 2026-10-20T04:00:44.669353+00:00

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