NBA Offseason Highlights: Naz Reid's New Deal and Player Movements
Key moves and contract updates from the NBA as the offseason kicks off, featuring Naz Reid and other notable players.
The NBA offseason is heating up, bringing excitement and speculation regarding key free agents and trade possibilities. Here’s a roundup of the latest developments:
June 27
Timberwolves Sign Naz Reid
All indications are that Naz Reid will decline his $15 million player option following the conclusion of the 2025 season, but instead of entering free agency, he’s set to sign a new five-year, $125 million contract with the Minnesota Timberwolves, securing his presence in Minnesota until the 2030 season. Reid, recognized as the NBA’s Sixth Man of the Year in 2023-24, achieved career-highs this past season with an average of 14.2 points and 6.0 rebounds per game.
Suns Focusing on Devin Booker
The Phoenix Suns are committed to enhancing their roster around seasoned guard Devin Booker. Although he experienced a drop in points per game to 25.6 last season from 2018, he did achieve a career-high in assists (7.1). Booker is currently up for a record-breaking extension that could add two more years to his existing contract.
Philadelphia Retains Andre Drummond
The Philadelphia 76ers opted to keep their backup center, Andre Drummond, by exercising his team option, ensuring he will earn $5 million in the final year of his existing two-year contract.
Raptors Part Ways with Masai Ujiri
The Toronto Raptors have decided to part ways with President Masai Ujiri, who has been with the team since 2013 and was instrumental in their 2019 championship win. The Raptors are seeking a fresh start after a disappointing season.
Lakers’ Austin Reaves Declines Extension
Austin Reaves has rejected a substantial four-year, $89.2 million extension from the Los Angeles Lakers, despite being offered the maximum allowable contract.
Other Notable Moves
- John Collins has chosen to stick with the Utah Jazz by opting into his player option for the subsequent season.
- Fred VanVleet is set to sign a new deal with the Houston Rockets.
- The Wizards and Pelicans have reached an agreement involving a trade with multiple players.
- Khyry Middle, after joining Washington, is secure with his player option for the upcoming season.
- In significant trade news, Kevin Durant will transition to the Houston Rockets, moving on from the Phoenix Suns.
For more details on these developments, articles and coverage can be found on the NBA’s official platforms.
