Naz Reid Contract

Last Modified May 30, 2024 07:57 GMT
Naz Reid Contract
Naz Reid

Born on August 26, 1999, in Asbury Park, New Jersey, Naz Reid has emerged as a force on the court for the Minnesota Timberwolves. Standing at 6 feet 9 inches tall and weighing 264 lbs, the versatile 24-year-old plays a pivotal role at both the center and power forward positions, often complementing Rudy Gobert.

Reid's journey to the NBA saw him shine during his college years at LSU, leading the team to the Sweet 16 in the NCAA tournament. Despite being projected as a potential lottery pick, his draft stock took a hit due to a disappointing NBA combine performance and concerns about his high body fat percentage.

Undrafted in the 2019 NBA Draft, Reid's signing with the Timberwolves on a two-way contract marked the beginning of a remarkable ascent. Excelling in the G-League with the Iowa Wolves, he showcased his prowess, averaging an impressive 18.4 points and 9.9 rebounds per game.

Opportunity knocked when an injury sidelined Karl-Anthony Towns, allowing Reid to seize his chance in the Timberwolves' rotation. His blend of guard-like skills enabled him to outmaneuver opposing centers and excel in finishing around the rim. Moreover, Reid's ability to stretch the floor with a reliable 3-point shot, adds a dynamic dimension to the team's offense.

Naz Reid Contract Breakdown

YearBase SalarySigning BonusCap HitDead CapYearly Cash
2023-2024 $12,950,400 - $12,950,400 -$12,950,400
2024-2025$13,986,432 - $13,986,432 -$13,986,432
2025-2026 Player option$15,022,464 - $15,022,464 -$15,022,464

How much is Naz Reid getting paid?

Naz Reid is set to earn $12.9 million for the 2023/24 season. He is in the first year of his three-year $41 million contract with the Timberwolves. He will become an unrestricted free agent in the 2026 offseason.

How much does Naz Reid make in a minute?

Naz Reid will make $12,950,400 in the 2023-2024 season. A year has 525,600 minutes and therefore, if we divide his salary by the total number of minutes in a year, then Reid earns around $24.63 of earnings per minute.

Naz Reid Career Earnings

After the end of the 2023/24 season, Reid would have earned over $19 million from his NBA contracts to date.

What are the terms of the Naz Reid Contract?

Naz Reid is on a three-year contract with the Minnesota Timberwolves and has a player option in the final year (2025-2026). His contract has an 8% increase for each year. The contract has a cap hit that ranges from $12,950,400 to $15,022,464.

How much of the Naz Reid Contract is guaranteed?

Out of his $41 million contract, $26.9 million is guaranteed. The 2025/26 season comes with a player option, which is worth $15 million.

Naz Reid Contract History

Naz Reid has signed three contracts as of March 2024.

July 2019

Naz Reid signed a two–year two-way contract worth $528,683 with the Minnesota Timberwolves.

July 2019

Naz Reid signed a four-year $6,129,593 rookie contract with the Timberwolves which had a team option for the final year (2022-23), which was exercised by the team.

June 2023

Naz Reid signed a three-year $41,959,296 veteran extension contract, which has a player option for the 2025-26 season.

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FAQ's on Naz Reid Contract

A.  The full name of Naz Reid is Nazeron Hilton Reid.

A. Naz Reid plays for the Minnesota Timberwolves.

A. Reid is set to make $12,950,400 for the 2023-24 NBA season.

A. Reid grew up in Asbury Park, New Jersey and attended Roselle Catholic High School.

A. Naz Reid can play both as a center and a power forward.

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