Jaden McDaniels Contract

Jaden McDaniels is a small forward who plays for the Minnesota Timberwolves. He is known for his elite two-way game.

Born on September 29, 2000, McDaniels first made waves at Federal Way High School, where he was rated as a five-star forward. For college, he played at the University of Washington, where he had an impactful one-and-done season. The Los Angeles Lakers selected McDaniels with the 28th overall pick in the 2020 NBA Draft, but was later traded to the Oklahoma City Thunder and then to the Minnesota Timberwolves.

McDaniels stats since his rookie season tell a compelling story of growth. From a rookie averaging 6.8 points, McDaniels upped his numbers to 9.2 points in his second NBA season. The 2022/23 season saw him reach new heights, contributing an impressive 12.1 points per game. Offensively, McDaniels is a well-rounded player as he can sink corner threes and attack the rim with ferocity.

What truly sets McDaniels apart in the NBA is his elite defense. He is regarded as one of the NBA's best lockdown defenders. He is a versatile defender who can switch and guard multiple positions. His defensive prowess as a wing player makes him a cornerstone player for the Minnesota Timberwolves.

McDaniels is poised to play a key role in the Timberwolves’ hopes for a deep playoff run in 2024. His contributions for the franchise will extend beyond the current season, as he has secured a mega five-year contract extension with the team.

Jaden McDaniels Contract Breakdown

How much is Jaden McDaniels getting paid?

Jaden McDaniels is set to earn $3,901,399 for the 2023/24 season.

According to Sportrac, McDaniels agreed to a four-year rookie scale contract with the Minnesota Timberwolves in November 2020 worth $10,090,879 part-guaranteed. The first two years of his contract were guaranteed and the last two-year were non-guaranteed years.

The 2023/24 NBA season was supposed to be the last year of the contract, and McDaniels would have been an unrestricted free agent in the 2024 offseason. However, the Minnesota Timberwolves demonstrated their confidence in McDaniels' potential and contributions to the team, and re-signed him in the 2023 offseason.

McDaniels has signed a new five-year $131 million contract extension with the Timberwolves. His new contract will run through the 2028/29 NBA season.

How much does Jaden McDaniels make in a minute?

Jaden McDaniels’ salary for the 2023/24 season is $3,901,399. Now one year is known to have 525,600 minutes. If his total salary is divided by the number of minutes available in a year, then McDaniels makes around $7.42 in a minute.

Jaden McDaniels Career Earnings

After the end of the 2023/24 season, McDaniels would have earned over $10 million from his NBA contracts till date.

What are the terms of Jaden McDaniels’s contract?

McDaniels's current rookie contract had two team options which the Minnesota Timberwolves exercised.

How much of the Jaden McDaniels Contract is guaranteed?

With the current deal, McDaniels will have earned a guaranteed salary of $10,090,879, an average annual salary of $2,522,720.

His upcoming contract which takes effect in the summer of 2024, extends through 2029. This new five-year contract with the Timberwolves will bring him $131,000,000 guaranteed, an average annual salary of $26,200,000.

Jaden McDaniels Contract History

These are all the contracts that Jaden McDaniels has signed in his career till now.

November 29, 2020

Jaden McDaniels signed a four-year $10.09 million rookie scale contract with the Minnesota Timberwolves.

October 23, 2023

McDaniels signed a five-year $131 million contract extension with the Minnesota Timberwolves.