Timberwolves Sign Jaden McDaniels to One-Year, $40 Million Deal
The Minnesota Timberwolves have extended the contract of Jaden McDaniels, signing the standout player to a one-year, $40 million deal through the 2029-30 season.
Springfield Holyoke, MA, October 20, 2026 —
The Minnesota Timberwolves have extended Jaden McDaniels’ contract, signing the standout player to a one-year deal worth $40 million through the 2029-30 season, according to the information provided.
The terms were described as both a one-year agreement and a deal extending through the 2029-30 season. No additional details were provided about how the contract length and end date relate, or whether the agreement includes options or other conditions.
McDaniels’ position, age, prior contract terms and individual statistics were not provided. The information also did not specify when the agreement was signed or whether the team issued a public announcement. No comments from McDaniels, the Timberwolves or their representatives were included.
The reported value is $40 million. The information did not state whether that figure is guaranteed, how it would be paid, or whether it includes incentives. It also did not provide details about the team’s broader roster plans or the agreement’s effect on its finances.
As reported, the agreement keeps McDaniels under contract with Minnesota through the 2029-30 season. Further contract details and the circumstances of the signing were not available in the summary.
Story summarized from the original created by DAVE CAMPBELL, Associated Press on www.wwlp.com, see more information here.
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