Minnesota Timberwolves All-Defensive forward Jaden McDaniels has agreed to a one-year, $40 million extension that keeps him under contract through the 2029-30 season, agents Nima Namakian of Innovate Sports and Bill Duffy of WME Basketball told ESPN's Shams Charania on Monday.
The deal allows McDaniels to negotiate another extension as early as 2028, starting at a salary of up to 140% of his $40 million salary. He could also choose to enter free agency in the summer of 2030 as a 10-year veteran. Minnesota now has $124 million committed to the 26-year-old forward over the next four years.
McDaniels signed a five-year, $136 million deal in 2023. He is coming off a career year in 2025-26, averaging 14.8 points on 51.5% shooting (41% from 3), all career highs, along with 4.2 rebounds, 2.7 assists, 1.1 steals and 1.0 blocks per game. His production improved in the playoffs, where he upped his scoring to 16.3 points on 44% shooting, including a 32-point performance in Game 6 to help eliminate the Denver Nuggets in the first round.
Since the Wolves selected McDaniels with the No. 28 pick in the 2020 draft, he has developed into a critical part of their core alongside Anthony Edwards, Rudy Gobert and the newly acquired LaMelo Ball. McDaniels is the team's premier perimeter defender and his offensive output has also been on the rise, prompting Edwards to say before the season that he expects McDaniels to make an All-Star team this season.
Source: ESPN NBA · Summarized by HeadlinesBriefing