125 million in 5 years! Timberwolves official: The team completes contract renewal with Naz Reed

Today, the Timberwolves officially announced that the team has completed a contract renewal with Naz Reed.

According to previous reports, Reed rejected the $15 million player option next season and signed a five-year, $125 million contract extension with the Timberwolves.

Last season, 25-year-old Reed played 80 games for the Timberwolves, averaging 14.2 points, 6 rebounds and 2.3 assists per game, shooting 46.2% from the field and 37.9% from three-point shooting percentage. Reed's average score per game this season has reached a career high.

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