Timberwolves Agree to One-Year, $40 Million Extension With Jaden McDaniels
The Minnesota Timberwolves have agreed to a one-year, $40 million contract extension with Jaden McDaniels, securing the player through the 2029-30 season.

Lansing, MI, October 20, 2026 —
The Minnesota Timberwolves have agreed to a one-year contract extension worth $40 million with Jaden McDaniels, according to the information provided. The agreement secures the player through the 2029-30 season.
The reported terms identify the extension’s length and total value, as well as the season through which McDaniels is secured. No further contract details were provided. The information does not specify when the agreement was reached, when the extension takes effect, or whether it includes additional terms.
Details about the negotiations, the team’s plans for McDaniels, and any comments from the player or the Timberwolves were not included. No information was provided about how the extension relates to other team decisions or the club’s broader roster plans.
The agreement’s stated value is $40 million for one year. The provided information does not describe how that amount is structured or identify any conditions attached to the contract. It also does not give further background on McDaniels or explain the circumstances leading to the agreement.
For now, the available details are limited to the reported agreement, its one-year duration and $40 million value, and the 2029-30 season as the point through which McDaniels is secured. Additional contract terms and statements from either side were not provided.
Story summarized from the original created by DAVE CAMPBELL, Associated Press on www.wlns.com, see more information here.
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