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Jaden McDaniels’ contract extension is a worthy gamble for the Timberwolves

Jaden McDaniels' new deal will look like a bargain if he becomes what the Timberwolves expect, but it's not a risk-free move.

By Chris Schad · Dunking with Wolves

Published: Tuesday, 20 October 2026 at 7:00 PM

Key Things to Know

Chris Schad argues Jaden McDaniels' one-year, $40 million extension is a worthy financial gamble for Minnesota.
The contract extension keeps McDaniels with the Minnesota Timberwolves through the 2029-30 season.
Analyst Dane Moore noted the $40 million salary is projected to represent roughly 21 percent of the cap.

The Story in 60 Seconds

The Minnesota Timberwolves agreed to a one-year, $40 million contract extension with forward Jaden McDaniels, keeping him under contract through the 2029-30 season. Writer Chris Schad argues that while the deal carries risk and sticker shock for fans, it represents a worthwhile gamble for the franchise as the NBA salary cap continues to rise.

Schad notes that McDaniels posted career highs of 14.8 points per game and 41.2 percent from 3-point range last season. Minnesota hopes McDaniels' offensive growth will ensure the deal becomes a bargain alongside major future financial commitments to Anthony Edwards and LaMelo Ball.

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Jaden McDaniels’ contract extension is a worthy gamble for the Timberwolves

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