What is Naz Reid’s net worth? Exploring financial details of Minnesota Timberwolves star after his $125 million contract extension | NBA News
The Minnesota Timberwolves player, Naz Reid, plays both the center and power forward positions for the team. He is a multifaceted player to have stretched the floor with his versatile shooting skills. Though he earns a wholesome salary, he recently agreed to sign an extensive 5-year contract with the Minnesota Timberwolves, which enhanced his net worth even more. Naz Reid has achieved remarkable success in his NBA career. He has participated in several charity events, donating lump sums in the health sector. His brand endorsements have earned him a significant amount of money, contributing largely to his net worth.
What is Naz Reid’s net worth?
According to CLUTCHPOINTS, Naz Reid’s estimated net worth as of May, 2024 is believed to be $3 million. According to the reports published by Sportrac, Naz Reid earned an estimated salary of $13,986,432 from the Minnesota Timberwolves for the 2024-2025 season. In the following year of 2025-2026, his estimated salary is expected to be $21,551,724. His average annual salary is $13,986,432. Despite his starter-level salary, Naz Reid is expected to remain a potential contributor off the bench of the Timberwolves until there is a significant shift in Rudy Gobert’s evolving role.
Naz Reid reportedly signed a 5-year $125 million contract extension with Minnesota Timberwolves
The Timberwolves center player, Naz Reid, reportedly agreed to sign a 5-year contract worth $125 million. This significantly contributed to his net worth, making him the highest-paid player of the Timberwolves. He declined a $15 million contract and decided to stay with the Minnesota Timberwolves. As a Sixth Man of the Year, 2023-2024, Naz Reid had a strong grip on coming off the bench for the team. He averaged a remarkable score of 14.2 points and 6.0 rebounds per game. As a starter, he averaged 18.3 points and 9.0 rebounds in 17 games. As a notable player and the most important part of the team, Naz Reid has not only stayed committed to his team but also shown constant team spirit and support. He is one of the three players to have scored at least 2000 points off the bench during the last three seasons.
Naz Reid’s NBA salary breakdown and more
During the past years, Naz Reid has seen a significant growth in his salary, NBA being the major source. Apart from this, he has also made some investments and has involved himself in numerous charity works, which have contributed to his estimated net worth. He also signed a deal with the Lucky Energy Drink, which was his first-ever NBA brand endorsement, thereby becoming the brand’s ambassador. He has also partnered with organizations like the NMDP to encourage people to register as potential blood donors and raise awareness against leukemia.Also read: Minnesota Timberwolves’ Naz Reid could sign a whopping $125 million contract to stay with Anthony Edwards-led roaster
