Minnesota Timberwolves forward Jaden McDaniels has agreed to a five-year, $136M contract extension, his agents Nima Namakian of @InnovateSports and Bill Duffy of @WME_Sports tell me and @JonKrawczynski. In agreeing to this significant rookie extension, Minnesota is committing to be a luxury tax team along with Anthony Edwards, Rudy Gobert and Karl-Anthony Towns. Wolves haven’t been a tax team in almost 20 years, and are staring at serious luxury tax payments moving forward.
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1 Comment
Best thing to happen to the Wolves since Ant got drafted. 5 years 136m is a steal and I'm really glad that we didn't let him test F/A and then match it because it would've been much more expensive at that point.
Luxury will be an issue but A-Rod seems to be ok with it for now. I think we end up trading KAT for more pieces to the puzzle that are a bit cheaper and can bring us under that Luxury Threshold, mostly because Rudy won't get us shit back in trades at this point. Time will tell