Minnesota Timberwolves Star Earned An Additional $41 Million

Anthony Edwards was recently named to the All-NBA Second Team.

May 19, 2024; Denver, Colorado, USA; Minnesota Timberwolves center Karl-Anthony Towns (32) and Anthony Edwards (5) celebrate defeating the Denver Nuggets in game seven of the second round for the 2024 NBA playoffs at Ball Arena. Mandatory Credit: Ron Chenoy-USA TODAY Sports / Ron Chenoy-USA TODAY Sports

On Wednesday evening, the All-NBA Teams were announced by the league.

Minnesota Timberwolves superstar Anthony Edwards was named to the All-NBA Second Team.

Edwards finished the regular season with averages of 25.9 points, 5.4 rebounds, 5.1 assists and 1.3 steals per contest while shooting 46.1% from the field and 35.7% from the three-point range in 79 games.

Via Underdog NBA: "2023-24 All-NBA Second Team:

Jalen Brunson
Kawhi Leonard
Anthony Edwards
Kevin Durant
Anthony Davis"

2023-24 All-NBA Second Team:

Jalen Brunson
Kawhi Leonard
Anthony Edwards
Kevin Durant
Anthony Davis

— Underdog NBA (@Underdog__NBA) May 22, 2024

Since he was named to the All-NBA Team, Edwards will earn a significant amount of extra money.

Via Yossi Gozlan of capsheets.com: "Anthony Edwards maximum extension will now be worth 30 percent of the cap by earning All-NBA honors. It is worth $41 million more than the 25 percent max.

The Minnesota Timberwolves could have a luxury tax penalty exceeding $80 million once they fill out the roster."

Anthony Edwards maximum extension will now be worth 30 percent of the cap by earning All-NBA honors. It is worth $41 million more than the 25 percent max.

The Minnesota Timberwolves could have a luxury tax penalty exceeding $80 million once they fill out the roster. pic.twitter.com/PjvcxxPvXz

— Yossi Gozlan (@YossiGozlan) May 22, 2024

The Timberwolves are the third seed in the Western Conference and had a 56-26 record.

They swept the Phoenix Suns in the first round and beat the Denver Nuggets in the second round (in seven games).

Currently, the Timberwolves trail the Dallas Mavericks 0-1 in the Western Conference Finals.

Game 2 of the series will be on Friday evening at the Target Center in Minnesota.

May 22, 2024; Minneapolis, Minnesota, USA; Minnesota Timberwolves guard Anthony Edwards (5) reacts in the fourth quarter against the Dallas Mavericks during game one of the western conference finals for the 2024 NBA playoffs at Target Center. Mandatory Credit: Jesse Johnson-USA TODAY Sports / Jesse Johnson-USA TODAY Sports

Edwards was the first pick in the 2020 NBA Draft out of Georgia.

He is in his fourth season in the league and has led the Timberwolves to the playoffs in each of the previous three seasons.

This is the first time the franchise has been to the Conference Finals since 2004.