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Julius Randle, Timberwolves Finalizing 3-Year Contract that Could Reach $100 Million, AP Source Says

  • The Timberwolves are negotiating a long-term deal with Julius Randle, valued at around $31 million annually, beyond his upcoming player option.
  • Following his late-season surge, Randle excelled in Minnesota's first two playoff series, playing career-best basketball under coach Chris Finch.
  • The Timberwolves' payroll is nearly $100 million above the second luxury tax apron, with over $100 million already committed to Naz Reid, limiting cap flexibility for Randle's deal.
  • Despite a rising salary cap, Randle’s deal and Reid’s recent $125 million contract push payroll near the second luxury tax apron, affecting roster flexibility.
  • As league salary cap and luxury tax thresholds are projected to rise, Minnesota's projected payroll for 2025-26 nears the second apron, reflecting significant frontcourt investments.
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Julius Randle and the Minnesota Timberwolves are finalizing a new contract that could keep him with the club through the 2027-28 season, a person with knowledge of the deal said Sunday.

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realgm.com broke the news in on Saturday, June 28, 2025.
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