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NBA News: Timberwolves Jaden McDaniels inks $40M extension

The Minnesota Timberwolves have finalized a significant offseason move by extending All-Defense forward Jaden McDaniels to a one-year, $40 million contract, securing his services through the 2029-30 season. The deal, which includes a total of four years and $124 million over his tenure with the team, provides McDaniels with financial flexibility while protecting his long-term earning potential.

The extension allows him to negotiate another deal as early as 2028, with a potential starting salary of up to 140% of the new $40 million figure—or opt for free agency in 2030 after accruing 10 years of NBA service. McDaniels capped a standout 2025-26 campaign with career-highs across key statistical categories, including points, assists, and shooting percentages, and delivered a standout postseason performance, notably dominating the Denver Nuggets in the first round.

The move underscores the Timberwolves' aggressive roster construction this offseason, following high-profile transactions like the acquisition of LaMelo Ball and the retention of Jonathan Kuminga amid a competitive salary-cap landscape.

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