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Why Jaden McDaniels and the Timberwolves agreed to a rare extension

McDaniels had three years remaining on his deal and added another with his one-year, $40 million extension, the first of its kind.

Published: Tuesday, 20 October 2026 at 10:57 AM
Why Jaden McDaniels and the Timberwolves agreed to a rare extension
Key Things to Know
  • Jaden McDaniels agreed to a one-year, $40 million extension with the Minnesota Timberwolves through 2029-30.
  • McDaniels became the first NBA player to sign an extension with three years remaining on a non-max deal.
  • The contract increases McDaniels' future extension baseline calculation from $29.8 million to $40 million.
The Story in 60 Seconds

Jaden McDaniels has agreed to a rare one-year, $40 million contract extension with the Minnesota Timberwolves, keeping him with the franchise through the 2029-30 season. The deal marks a historic agreement, as McDaniels is reported to be the first NBA player to sign an extension with three years remaining while on a non-max contract.

The strategic extension provides McDaniels with immediate financial security while significantly elevating the baseline for future potential contract extensions starting in 2028. For Minnesota, the deal secures a central 26-year-old defensive anchor alongside stars Anthony Edwards and LaMelo Ball, locking in key roster stability under team president Tim Connelly.

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