Report: Anthony Edwards agrees to $260M max contract with Timberwolves

Edwards gets his max deal and is signed for the foreseeable future.

Author:
Joe Nelson
Publish date:
Jul 3, 2023 12:34 PM EDT

Apr 23, 2023; Minneapolis, Minnesota, USA; Minnesota Timberwolves guard Anthony Edwards (1) controls the ball against the Denver Nuggets during the fourth quarter of game four of the 2023 NBA Playoffs at Target Center. Mandatory Credit: Matt Krohn-USA TODAY Sports

Edwards gets his max deal and is signed for the foreseeable future.

Anthony Edwards and the Minnesota Timberwolves have agreed on a five-year, $260 million contract extension, according to reports.

Jon Krawczynski of The Athletic was the first to break the news at 11:27 a.m. Monday, adding in his report that there are no team or player options over the course of the five-year deal.

The $260 million is only reachable if Edwards is voted All-NBA in 2023-24, according to Wolves insider Dane Moore. If he doesn't, the deal will be $217 million over five years.

Edwards is now front and center of Minnesota's core, surrounding by Karl-Anthony Towns, Rudy Gobert, Jaden McDaniels, Mike Conley and Naz Reid. Minnesota also recently bolstered its depth by signing small forward Troy Brown Jr., retaining guard Nickeil Alexander-Walker and signing backup point guard Shake Milton.

Edwards averaged 24.6 points, 4.4 assists and 5.8 rebounds last season.