4. Re-signed Naz Reid
Agreed to a 3-year, $42 million contract with center Naz Reid ahead of free agency
The Minnesota Timberwolves faced a dilemma this summer. Their best free agent was Naz Reid, who just turned 24 years old and had something of a breakout season for the Timberwolves this past season. When pressed into action when Karl-Anthony Towns was on the shelf, Reid responded with an improved offensive bag and solid defense, something of an average of Towns and Rudy Gobert.
Letting Reid walk in free agency would be painful, but this was a team that had already invested $77 million in the center position for this upcoming season, not to mention beyond that. Could they afford to pay Reid as a third center? Could they afford not to?
That question hasn’t necessarily been answered, but rather than lose Reid for nothing they worked out a new contract extension just prior to free agency that will pay him mid-level money for the next three seasons. That’s a good value for Reid in a vacuum; it will look even better if they trade either Reid or Towns for value in the next year.
For now, it’s a lot of money to pay for one position, but they will try to find a way to play all three centers as much as possible until a trade happens to alleviate the pressure. Minnesota maintained the asset, and hopefully, their next step makes it look like an even better deal.