The Minnesota Timberwolves are committed to keeping their current core together, and Julius Randle is the latest beneficiary of that.
Randle will decline his player option for the 2025-26 season and sign a new 3-year, $100 million deal with the Timberwolves, according to ESPN’s Shams Charania. The third year on the new contract is a player option.
Randle’s player option for next season was worth just over $30 million, so he is getting a slight raise with the new deal.
BREAKING: Three-time NBA All-Star Julius Randle intends to sign a new three-year, $100 million deal to stay with the Minnesota Timberwolves, sources tell ESPN. The deal includes a player option for the 2027-28 season. pic.twitter.com/j8fKA45gXu
— Shams Charania (@ShamsCharania) June 29, 2025
The agreement between Randle and the Timberwolves comes two days after the team signed center Naz Reid to a new 5-year, $125 million. Minnesota also has Rudy Gobert under contract for two more seasons with a player option for a third at more than $30 million per year.
Randle, a three-time All-Star, was traded to the Timberwolves last October as part of the blockbuster Karl-Anthony Towns deal. He averaged 18.7 points, 7.1 rebounds, and 4.7 assists across 69 games in his first season with Minnesota.
The Timberwolves made a deep playoff run this year and lost to the Oklahoma City Thunder in the Western Conference Finals. They clearly feel they have the right pieces in place around Anthony Edwards.
