Naz Reid Rumors | Hoops Rumors

Timberwolves Sign Naz Reid To Three-Year Extension

June 28th, 2023 at 11:07am CST by Alex Kirschenbaum

JUNE 28: Reid’s three-year extension with the Timberwolves is official, the team confirmed in a press release.

JUNE 25: Days before he was slated to hit unrestricted free agency, Timberwolves center Naz Reid has agreed to sign a three-year, $42MM contract extension to stay in Minnesota, his agents Jeff Schwartz and Sean Kennedy inform Adrian Wojnarowski of ESPN. Reid’s new deal will include a player option for 2025/26.

As Woj notes, Reid enjoyed a well-timed breakout season in 2022/23 as the Timberwolves’ third big man, averaging career bests of 11.5 PPG (on .537/.346/.677 shooting splits) and 4.9 RPG. He also chipped in 1.1 APG, 0.8 BPG, and 0.6 SPG across his 68 contests with the team.

The 23-year-old first joined Minnesota on a two-way contract after going undrafted out of LSU in 2019, and by his second season in 2020/21 had carved out a major rotation role with the team.

Reid’s reported new contract represents a massive pay upgrade for the 6’9″ reserve. The $1.9MM minimum salary he earned in 2022/23 had been his prior pay peak.

Based on Reid’s previous contract, the most Minnesota could offer in an extension prior to free agency was a starting salary of $12.95MM, which is 120% of this season’s estimated average salary. It appears the Wolves offered that full amount, so his deal will be worth just shy of $14MM in year two, with an option worth just over $15MM in year three.

According to Matt Williams of ESPN (Twitter link), Reid averaged 0.78 points per minute following the 2023 All-Star break, more than any other NBA center aside from MVP Joel Embiid.

Before Minnesota offloaded significant assets to Utah in a trade for former All-Star big man Rudy Gobert last summer, Reid had looked like he might be in line to form the team’s frontcourt of the future alongside maximum-salaried power forward/center Karl-Anthony Towns.

Reid had emerged as one of the premium big man prospects heading into free agency this summer, potentially capable of earning more money and a starting gig on another team given his upside, so it’s fascinating to see him opting to stick with his current team and role.

Fischer’s Latest: Jazz, Cavs, Wolves, DiVincenzo, Gallinari, More

June 27th, 2023 at 12:47pm CST by Luke Adams

The Jazz‘s trade for John Collins and the Timberwolves‘ extension agreement with Naz Reid are two transactions that could have a ripple effect on other offseason activity, Jake Fischer writes in his latest story for Yahoo Sports.

As Fischer explains, the Jazz were expected to be a player for forwards in free agency, with Celtics RFA Grant Williams among Utah’s rumored targets. The Jazz still project to have cap room available, especially if Jordan Clarkson doesn’t remain with the team, but after adding Collins to a frontcourt that now features Lauri Markkanen, Walker Kessler, and lottery pick Taylor Hendricks, it’s hard to see them spending big on another forward or center, Fischer observes.

As for Reid, the Cavaliers were among the teams that hoped to take a run at him in free agency, sources tell Fischer. It’s unclear whether Cleveland – which should have the full mid-level exception available – will pivot to pursuing another significant frontcourt addition to complement Jarrett Allen and Evan Mobley or whether the club specifically valued Reid highly, Fischer writes.

Meanwhile, opposing executives are curious about how the Timberwolves’ new deal with Reid might affect the rest of their roster. In particular, Fischer says, rival teams are wondering if Minnesota might waive veteran wing Taurean Prince, whose $7.5MM salary for 2023/24 is non-guaranteed.

With Prince on the books, the Wolves likely won’t have access to the full non-taxpayer mid-level exception, and they’re believe to be in the market for a combo guard with size using that MLE, according to Fischer, who names Bruce Brown and Donte DiVincenzo as two possible targets.

Here’s more of Fischer’s latest reporting:

Minnesota is hardly the only team with interest in DiVincenzo. There has been “growing noise” among league personnel about the possibility of DiVincenzo joining the Knicks and teaming up with fellow Villanova alums Jalen Brunson and Josh Hart, says Fischer.
Teams with cap room, including the Pacers, Magic, and Pistons, are believed to be eyeing players like Grant Williams (RFA) and Max Strus, according to Fischer, though he has heard the same rumblings that Marc Stein has about Detroit potentially using its room to make a room at Cameron Johnson. If the Nets bring back Johnson, rival executives are prepared for Brooklyn to make a cost-cutting trade to help accommodate Johnson’s increased salary.
The Wizards are considered likely to reach a buyout agreement with Danilo Gallinari, freeing up the veteran forward to pursue a deal with a team closer to contention, Fischer reports. Gallinari would be ineligible to re-sign with the Celtics in that scenario.
The Rockets are considering high-salary, short-term deals in order to land their preferred targets in free agency, per Fischer, who suggests it might take a maximum-salary offer to lure Fred VanVleet away from the Raptors. VanVleet is rumored to be one of Houston’s top priorities in free agency.
In case you missed it, we passed along more of Fischer’s latest tidbits in a pair of stories earlier today.

Stein’s Latest: Reid, Spurs, Pistons, Johnson, Rose, Porzingis, Jazz

June 26th, 2023 at 8:32pm CST by Dana Gauruder

The Spurs were among the teams who were interested in signing Timberwolves big man Naz Reid before he agreed to a three-year, $42MM extension, Marc Stein reports in his latest Substack article.

San Antonio was seeking a veteran center to ease the burden on No. 1 pick Victor Wembanyama during his rookie season. However, the Spurs may have only planned to offer Reid a one-year deal.

The Mavericks were among the teams with the full $12.4MM mid-level exception available who were known to have interest in Reid, Stein adds.

Here are some more tidbits from Stein:

The Pistons’ interest in Nets restricted free agent Cameron Johnson, which has previously been reported by Stein, is genuine, he reiterates. There’s rising belief around the league that he’s their No. 1 free agent target, even though the Nets have the right to match. Detroit is projected to have over $30MM in cap space.
The Suns, Bucks and Bulls have been mentioned as potential landing spots for Derrick Rose, according to Stein. The Knicks declined to pick up their $15.6MM option on Rose for next season. However, Rose’s time in New York isn’t necessarily over — the Knicks may re-sign him at a lower number if his other options don’t pan out, Stein says.
If Kristaps Porzingis had chosen to decline his player option, the Jazz were prepared to make offer for more money than the Celtics can give him via a two-year, $77MM extension, per Stein. They were also interested in being the third party to facilitate the trade between the Wizards and Celtics. Boston was Porzingis’ preferred destination, however.

Northwest Notes: Reid, Lillard, Wallace, Holmgren

June 26th, 2023 at 11:02am CST by Arthur Hill

The Timberwolves‘ decision to re-sign Naz Reid before the start of free agency stemmed from an edict by owner Glen Taylor, according to Jon Krawczynski of The Athletic. “Get it done,” Taylor reportedly told his front office after meeting with partners and eventual owners Marc Lore and Alex Rodriguez. They also talked to president of basketball operations Tim Connelly and head coach Chris Finch, who agreed there was too much risk in letting Reid reach the open market.

The 23-year-old center is one of the team’s best developmental projects and has become a valuable member of the reserve unit. Krawczynski notes that Reid was given a player option in the third year of his $42MM contract in case he becomes dissatisfied with his progress and playing time with Karl-Anthony Towns and Rudy Gobert on the roster. Krawczynski adds that the Spurs and Kings could have been threats to sign Reid because of their available cap space and their ability to offer him a larger role.

Negotiations with Reid began shortly after Connelly joined the front office last summer, Krawczynski states. Reid worked out in Minnesota during the offseason and reported to camp with an improved perimeter game that enabled him to be effective alongside either Towns or Gobert.

The Wolves agreed to pay Reid more than they had originally expected, which Krawczynski notes will lead to difficult decisions in the future. Anthony Edwards and Jaden McDaniels are both likely to receive extensions this summer, which will make it tough to keep three high-salaried centers on the roster for the long term.

There’s more from the Northwest Division:

If the Heat acquire Damian Lillard, it will probably be the last significant move the team can make for a while, Kevin O’Connor of The Ringer writes in an examination of the trade market for the Trail Blazers star. A deal with Portland would likely require Miami to give up most of its remaining assets, which include first-round picks in 2028 and 2030 and pick swaps in 2027 and 2029, along with Tyler Herro, Nikola Jovic and Jaime Jaquez. Either Kyle Lowry or Duncan Robinson will have to be involved if a trade happens after July 1, O’Connor adds. O’Connor also looks at a potential deal with the Nets, but states that there aren’t many other teams in need of a point guard who have the assets to make a serious offer for Lillard.
The Thunder were attracted to Cason Wallace because of his unselfish approach to the game, according to Jenni Carlson of The Oklahoman. General manager Sam Presti said he noticed that quality even when Wallace was playing in all-star contests. “He plays no-agenda basketball,” Presti said. “… All players have stories, and I think his story is a great one because in today’s world in, basketball, there’s so many people saying, ‘You’ve got to get more shots, you’ve got to do this, you’ve got to be more out in front, you’ve got to draw more attention to yourself.’ This guy got drafted in the top 10 by just being an incredible team player.”
Presti said Chet Holmgren continues to make progress in his recovery from foot surgery and there’s hope that he’ll be able to play for the Thunder during Summer League, according to Cody Taylor of The Rookie Wire.

Northwest Notes: Reid, Timberwolves, Johnson, Jazz Rookies

June 25th, 2023 at 5:27pm CST by Dana Gauruder

Naz Reid will have a player option in the final year of the three-year extension he agreed to sign with the Timberwolves, Jon Krawczynski of The Athletic tweets. The cap hits on his new deal will be $12.95MM next season, $13.98MM for the 2024/25 season and $15.02MM in 2025/26, Bobby Marks of ESPN tweets.

We have more from the Northwest Division:

While many Timberwolves fans may be frustrated by the way this past season unfolded and some of the moves the team made, Joe Souhan of the Minneapolis Star Tribune lists 10 reasons why the franchise is better off than it was a year ago. The addition of Mike Conley and subtraction of D’Angelo Russell are two of the positive developments that made Souhan’s list.
The Thunder were comfortable drafting Keyontae Johnson with the No. 50 pick in the second round on Thursday despite a prior sexual assault allegation, Joe Mussatto of The Oklahoman reports. A woman accused Johnson of sexual assault at an off-campus party in 2022 when he played for Florida. Four months later, charges against Johnson were dismissed. “We reviewed the dismissal of the charges from 2022 as part of our normal due diligence process applied to all prospects,” a Thunder spokesperson said.
The Jazz’s first-round selections — Taylor Hendricks, Keyonte George and Brice Sensabaugh — were also connected in some way prior to the draft, Sarah Todd of the Deseret News notes. Florida natives Hendricks and Sensabaugh played AAU ball together. As seniors in high school, they faced each other in the state semifinals with Hendricks’ school winning by two points. Sensabaugh and George have been working out together for the past month and chose to be represented by the same agency, Wasserman.

Western Notes: Zion, Lakers, Dunleavy, Livingston, Towns, Reid

June 20th, 2023 at 10:53pm CST by Dana Gauruder

It’s unlikely that Zion Williamson will be dealt by the Pelicans before the draft, according to The Athletic’s William Guillory. While the Pelicans are enamored with G League guard Scoot Henderson, they have not included Williamson in any formal offer to the teams holding the second and third picks (Hornets, Trail Blazers).

However, there is a disconnect between Williamson and the Pelicans organization. Some of that tension, according to Guillory, is due to a frayed relationship between Williamson’s camp and Aaron Nelson, who has been in charge of the medical/training staff. Nelson won’t be leading the medical staff next season.

The Pelicans have recently tried to smooth things over with Williamson. He met with top exec David Griffin and team governor Gayle Benson last week at team headquarters and it apparently went well, Guillory writes.

We have more from the Western Conference:

The Lakers hosted a pre-draft workout for six prospects on Tuesday, Brad Turner of the Los Angeles Times tweets. That group included Ben Sheppard (Belmont), Landers Nolley II (Cincinnati), Patrick Gardner (Marist), Omari Moore (San Jose State), Sidy Cissoko (G League Ignite) and K.J. Williams (LSU).
Mike Dunleavy Jr. was one of the most unpopular players in Warriors’ history, so there’s naturally skepticism from fans about him becoming the top decision-maker in the organization, Monte Poole of NBC Sports Bay Area writes.
Shaun Livingston has left the Warriors’ organization, Dalton Johnson of NBC Sports Bay Area tweets. Livingston spent the last three seasons in the front office as director of players affairs and engagement. He wants to spend more time with his family.
While Karl-Anthony Towns has been one of the prominent names on the rumor mill, the Timberwolves brass believes improved health from Towns and Rudy Gobert will solve some of the team’s offensive problems, according to The Athletic’s Jon Krawczynski. Owners Glen Taylor, Marc Lore and Alex Rodriguez are on board with that approach. The owners are also hoping to re-sign backup big man Naz Reid, who will be an unrestricted free agent. Reid has been hanging around the team’s practice facility since the season ended, a positive sign that he’d like to stay with the club.

Wolves’ Naz Reid In Search Of “Best Fit” As Free Agent

June 16th, 2023 at 7:22pm CST by Rory Maher

Timberwolves big man Naz Reid, who just completed his fourth NBA season, recently spoke to Chris Hine of The Star Tribune about his priorities ahead of unrestricted free agency. Financial considerations will play an important factor, but the 23-year-old says it’s not the end-all-be-all.

“I just want to be put in the best fit,” Reid said. “Obviously money plays a part, but I definitely want to be able to develop in a situation where I’m used to the best of my abilities. A place where I’m able to do things that I could do.”

Hine followed up by asking if Reid thought the Wolves could optimize his abilities, and he said they could. As Hine writes, Reid has been working out in Minnesota the past few weeks after having the cast removed from his left wrist. Reid’s season was cut short in late March following the wrist fracture, so he was unavailable for the postseason.

In April, president of basketball operations Tim Connelly expressed hope that the Wolves would be able to reach a long-term agreement with Reid, who is extension-eligible, and the two sides have had regular discussions about a new deal, with Hine referring to those conversations as “productive and amicable.” Still, Reid intends to test his value on the open market, and says the opportunity to land a starting job — which Minnesota can’t currently provide with Karl-Anthony Towns and Rudy Gobert on the roster — will be a priority.

“I really value that as a person, as a player, because I feel like I worked to that potential,” Reid said. “But with my unique situation, it can go great either way, coming off the bench or starting. Whatever situation is presented. But for sure, I would prioritize that.”

Reid averaged career highs in multiple categories in 2022/23, including points (11.5), rebounds (4.9) and field goal percentage (53.7%) in 68 games (18.4 minutes per night). However, he was out of the rotation at times to start the season before Towns suffered a major calf injury. Reid ended the season on a strong note, with a larger offensive role off the bench with Towns and Gobert healthy. Would that type of role appeal to him?

“I wouldn’t mind it,” Reid told Hine. “Whatever we can do for me to be back in Minnesota would be lovely, but I also feel like I’ve grown to a higher role or situation than I was in, in the beginning of the year.

“I’m pretty sure everybody else would agree as well. As the time goes on, the years go by, you look for a higher role, better situations than you were in if you’ve obviously outgrown them. So, I would love to stay back in Minnesota, but it’s just like we got to find a position for it.”

It’s an interesting interview from Hine, with Reid also talking about growing “closer and closer” with Anthony Edwards and Jaden McDaniels, two young franchise cornerstones who have been trying to sell Reid on returning. Both Edwards and McDaniels are eligible for rookie scale extensions this summer.

New York doesn’t currently need a center, with Mitchell Robinson, Isaiah Hartenstein and Jericho Sims all under contract next season. However, Ian Begley of SNY.tv reports that Reid has a “significant amount of fans” within the Knicks organization, and says he’s worth monitoring in the event they decide to trade Robinson or Hartenstein.

Suns Rumors: Harden, Lillard, Paul, Irving, Russell, More

June 9th, 2023 at 8:04pm CST by Rory Maher

There have been rumors linking James Harden to Phoenix. John Gambadoro of Arizona Sports 98.7 FM shut down that notion (via Twitter), writing that there’s a “zero percent chance” the Suns would pursue the former MVP.

Gambadoro also said it was “highly unlikely” the Suns would have interest in Trail Blazers star Damian Lillard, pointing out that his large salary might be unpalatable for a roster that’s already top-heavy (Twitter link). On his Burns and Gambo radio show (Twitter link), the plugged-in local reporter stated in stronger terms that the Suns won’t pursue Lillard.

“They’re not getting James Harden, and they’re not getting Damian Lillard,” Gambadoro said.

Here are more rumors on the Suns:

Gambadoro’s reporting on Lillard was seemingly in response to a new piece from Jake Fischer of Yahoo Sports, who hears from sources who say that the Trail Blazers have shown interest in Deandre Ayton in the past. However, Fischer also downplays Phoenix’s chances of landing Lillard, noting that the Suns don’t have the requisite assets to land a player of his caliber. The Blazers, meanwhile, still hope to build a contender around their all-time leading scorer, and remain intent on re-signing Jerami Grant, sources tell Fischer.
Fischer’s article focuses on Chris Paul‘s uncertain future with the Suns and how it might have a ripple effect around the NBA. Although Lillard and Harden might be unrealistic targets, Fischer writes that the Suns remain intrigued by Kyrie Irving, who is entering unrestricted free agency. As Fischer notes, Irving would basically have to ask the Mavericks for help in a sign-and-trade. Dallas hasn’t shown any interest in helping the Lakers land Irving in a sign-and-trade for D’Angelo Russell, but Fischer wonders if Paul might be more appealing.
Could the Lakers and Suns explore a sign-and-trade involving Russell and Paul? The Suns pursued the 27-year-old impending free agent ahead of the February trade deadline when he was still on the Timberwolves, sources tell Fischer. Big man Naz Reid, who’s also set to hit unrestricted free agency, was another player Phoenix desired in talks with Minnesota, Fischer adds.
Hornets guard Terry Rozier has been linked to Phoenix in the past, but the Suns didn’t pursue him ahead of the trade deadline, sources tell Fischer. Knicks guard Immanuel Quickley, Celtics guard Payton Pritchard, Kings guard Davion Mitchell, and Heat guard Gabe Vincent are among the other backcourt options the Suns have monitored, per Fischer.
Agents that Fischer has talked to believe Paul could get at least part of — if not the full — mid-level exception if he’s waived and becomes an unrestricted free agent. While Paul has been linked to his former club, the Clippers, Fischer notes that they can only offer the veteran’s minimum, and there’s “mutual interest” in a reunion between Russell Westbrook and the Clips.

Timberwolves Notes: Edwards, Reid, McDaniels, Roster Decisions

May 3rd, 2023 at 7:35pm CST by Arthur Hill

The Timberwolves have decided their path to success involves building the best possible team around Anthony Edwards, writes Jon Krawczynski of The Athletic. The top pick in the 2020 draft took another step forward this year, averaging 24.6 points per game during the regular season and 31.6 PPG in the first-round loss to Denver. In a news conference last week, president of basketball operations Tim Connelly said Edwards will be “paramount” in all the team’s future personnel moves.

“We’re tasked with developing, I think, the best 21-year-old in the world who’s a … great, great kid who wants it, who’s so competitive, whose work ethic is off the charts,” Connelly said. “As he grows, we want him to see winning and we want him to be around winners.”

The Wolves were criticized for giving up a large collection of assets to acquire Rudy Gobert from Utah, but Connelly said that trade and the signing of Kyle Anderson were part of a strategy to ensure that Minnesota would remain a playoff contender. The front office wants Edwards to get as much postseason experience as possible early in his career.

“I think too often in our league the development coincides with losing, and we feel pretty strongly that the best way to learn to win is to win early and to win often,” Connelly said. “But certainly it’s a challenge to ensure that we’re doing anything and everything to make sure that he’s developing, not just individually but the team’s developing at a level that we think that we can get to. That’ll be the challenge this offseason.”

There’s more from Minnesota:

It doesn’t appear the team will undergo major changes this summer, Krawczynski adds. Connelly told reporters that the Wolves “really like” their current starting five and that Edwards has good chemistry with Karl-Anthony Towns and the rest of the rotation. As Krawczynski points out, injuries limited the starters to seven games together after Mike Conley joined the team in February.
The Timberwolves hold Bird rights on Naz Reid, which means they can offer him more money than anyone else in free agency, but they’re not able to give him a starting spot with Towns and Gobert on the roster, notes Chris Hine of The Star Tribune, who believes that will factor into whether Reid decides to re-sign this summer. Hine also examines potential extension offers for Edwards and Jaden McDaniels, along with the need to find a reliable backup point guard.
In another Star Tribune article, Hine looks at which members of the current roster are likely to return next season.

Northwest Notes: Reid, McDaniels, Finch, Jazz Contracts

April 30th, 2023 at 6:58pm CST by Dana Gauruder

Re-signing big man Naz Reid is a major offseason priority for the Timberwolves, Chris Hine of the Minneapolis Star Tribune writes. Heading into unrestricted free agency, Reid averaged a career-high 11.5 points and 4.9 rebounds per game this season.

“I think we’re going to be an organization that’s going to reward guys that do right by the organization,” Timberwolves president of basketball operations Tim Connelly said. “He came here, he got himself in better shape, he’s gotten better each and every year, and we’re fingers crossed that he’s going to be here for a long, long time. … We’ve been working pretty hard to try to figure out something long-term for Naz.”

The Timberwolves hold Bird rights on Reid, who suffered a left wrist fracture late in the season.

We have more from the Northwest Division:

Timberwolves forward Jaden McDaniels fractured his right hand in two places during the team’s regular-season finale, costing the Wolves a valuable defensive-minded rotation player entering the playoffs. McDaniels punched a wall in frustration that day and now he’s kicking himself for hurting the franchise, as Hine relays. “I made a dumb mistake,” he said. “I wish I could take it back. But, afterwards, there was nothing I could do. So I was just mad. Mad for my teammates. I know they were probably upset, too. … I just need to learn how to control my emotions better throughout the game.”
Timberwolves coach Chris Finch believes the team wilted under increased expectations following last summer’s Rudy Gobert blockbuster acquisition, according to The Athletic’s Jon Krawcyznski. “I think we found life a little different just with the weight of expectations after the Rudy trade,” Finch said.
Contract options will play a major role in the Jazz‘s offseason, Eric Walden of the Salt Lake Tribune notes. Only $3MM of Kelly Olynyk‘s $12.2MM contract for next season is guaranteed. Utah will have to decide what to do with the veteran big man by June 28. Jordan Clarkson, Talen Horton-Tucker, Rudy Gay and Damian Jones each hold player options for 2023/24, totaling approximately $35MM.