Timberwolves extend McDaniels with one-year $40m deal

Summarised from 2 outlets · Updated 20 Oct, 23:02 · Archive

The Minnesota Timberwolves have signed forward Jaden McDaniels to a one-year, $40 million contract extension through the 2029-30 season, the team announced on Tuesday. McDaniels, a 6-foot-9 small forward in his seventh year, already has three seasons remaining on a five-year, $136 million contract he signed before the 2023-24 season.

The new deal provides the Timberwolves with cost certainty in managing future salary caps around anticipated maximum contracts for star guards Anthony Edwards and LaMelo Ball. McDaniels' extension makes him eligible for another deal in two years at a higher rate, with his salary rising from approximately $29.8 million in 2028-29 to $40 million in 2029-30.

McDaniels had an excellent season in 2025-26, posting career bests with an average of 14.8 points per game, 41.2% shooting from three-point range and 83.5% from the free-throw line. The Timberwolves believe Ball's passing ability can unlock further offensive potential from McDaniels. Ball said of his teammate: 'Can move, long, play defense, cut backdoor, shoot the 3. I mean, really anything you need.'

How it is being reported

• Timberwolves agree to 1-year, $40M contract extension with two-way standout Jaden McDanielsThe Minnesota Timberwolves and forward Jaden McDaniels have agreed to a one-year, $40 million contract extension through the 2029-30 season.News4Jax · 20 Oct, 16:45
• Timberwolves agree to 1-year, $40M contract extension with two-way standout Jaden McDanielsThe Minnesota Timberwolves and forward Jaden McDaniels have agreed to a one-year, $40 million contract extension through the 2029-30 season.Clickorlando · 20 Oct, 16:45

In this story: Jaden McDaniels · Minnesota Timberwolves · Anthony Edwards · LaMelo Ball

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