"The first billion-dollar contract in the NBA this summer was born!"
According to NBA reporter Shams Charania, the Timberwolves' super sixth man Naz Reid rejected the $15 million player option for next season and reached a 5-year, $125 million contract extension with the team!
This 2019 undrafted player completed a comeback from the bottom to the top salary in four years, setting the record for the largest contract for an undrafted player in the NBA!
Reid's growth is one of the most inspiring stories in the modern NBA. In the 2019 draft, this 2.06-meter-tall, 2.21-meter-wings inside player was unfortunately not selected. But the Timberwolves gave him a chance, and he proved his worth with practical actions.
In the past three seasons, only three people in the league have scored 2,000+ points as a substitute
Average 14.2 points, 6 rebounds and 2.3 assists in the 2023-24 season, with a three-item hit rate of 46.2%/37.9%/77.6%
Stable performance in the playoffs, shooting percentage exceeded 50%
"I want to stay here," Reed said after signing, "Minnesota gave me a chance, and I want to repay this trust."
This contract extension puts the Timberwolves under huge salary pressure:
Expected to pay 23 million luxury tax next season
Alexander Walker's contract expires this summer
Randall has a 30.9 million player option
Salary expert Bobby Marks analyzed: "It is difficult for the Timberwolves to keep these three players at the same time unless the owner is willing to pay a sky-high luxury tax." Reed's three-pointer was inaccurate (22.2%) during the Western Conference Finals, otherwise his contract might be bigger.
Reed's contract can be described as "low risk and high return." Compared with players in the same position, Sabonis Jr., who signed a 100 million yuan contract in 2024, has an average annual salary of more than 30 million yuan, while Reed's annual salary of 25 million yuan, if it can maintain the current level, is undoubtedly a great investment.
The Timberwolves are betting on his age advantage and unfulfilled talent - as an undrafted player, his progress curve is full of imagination.
But the hidden dangers are still there: Will the downturn in the Western Conference Finals become the norm? When he switches from the "sixth man" to the "quasi-starter" role, can the defense withstand more pressure? These questions will be verified one by one in this five-year contract.
From being undrafted to Mr. 100 million yuan, Reed's story has long surpassed basketball itself. When the Timberwolves pressed the renewal button for him, the league also saw another example of "grassroots counterattack" - in the NBA, talent may be a stepping stone, but hard work and choice can also rewrite destiny.
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