Anthony Edwards agrees to 5-year contract extension with Timberwolves

Anthony Edwards has agreed terms with his current team Minnesota Timberwolves to a 5-year contract extension, which is believed to be around $260m, reports say.

Minnesota Timberwolves star Anthony Edwards has agreed on a five-year designated rookie maximum deal that could be worth $260 million, his agents Bill Duffy and Joe Branch of WME tell ESPN. pic.twitter.com/d0UTdqFgD9

— Adrian Wojnarowski (@wojespn) July 3, 2023

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The 21-year-old will enter his final year of his rookie contract, which will earn him $13.5m. The maximum deal will begin from 2024-25 onwards.

“I’m humbled, appreciative and excited to remain in Minnesota as a part of this incredible Timberwolves organization,” Edwards said. “It’s amazing to see where hard work can take you.”

The youngster will be entering his 4th year with the Timberwolves as he finished the 2022-23 season with e pretty decent numbers – 24.6 points on average, 5.8 rebounds and 4.4 assists, while shooting 46.9 percent from the field and 36.9 percent from three-point range.

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