Jaden McDaniels’ $40 Million Timberwolves Deal Is Bigger Than It Looks

Jaden McDaniels agreed to a one-year, $40 million contract extension with the Minnesota Timberwolves that keeps him signed through the 2029-30 season. The move extends his overall commitment to roughly $124 million across four years. According to The Athletic, McDaniels became the first NBA player to sign an extension on a non-max deal with three years remaining.

Janik Eckardt explains that increasing McDaniels' final-year salary to $40 million significantly elevates his baseline for future veteran extension negotiations. Minnesota leadership, including president of basketball operations Tim Connelly and head coach Chris Finch, prioritized locking in McDaniels alongside franchise cornerstone Anthony Edwards to secure long-term continuity.