The Minnesota Timberwolves, currently leading the Western Conference, have a genuine opportunity to reach the NBA Finals after years of struggle.
To maintain their success, the Timberwolves have recently reached a two-year, $21 million agreement with Mike Conley, as reported by Adrian Wojnarowski.
This investment in Conley is expected to be worthwhile for the Timberwolves.
Minnesota Timberwolves guard Mike Conley Jr. has secured a two-year, $21 million extension, according to Steven Heumann and Jess Holtz from @CAA_Basketball, as shared by ESPN. This deal ensures Conley Jr. remains with the Timberwolves until 2025-2026, avoiding free agency this summer.
— Adrian Wojnarowski (@wojespn) February 19, 2024
Over the past season and a half, Conley has maintained an average of 11.7 points, 3 rebounds, and 6 assists for the Timberwolves.
He has started in all 50 games this season, playing an average of 28.9 minutes per game.
While $21 million over two years may not seem like a significant amount for an NBA team, it guarantees Conley’s continued contribution as a much-needed point guard for the Timberwolves.
Minnesota acted swiftly to secure Conley’s services before the offseason, preventing him from entering free agency this summer.
Despite the affordable contract, the Timberwolves will face financial challenges in the future due to upcoming lucrative contracts for players like Karl-Anthony Towns, Rudy Gobert, Anthony Edwards, Jaden McDaniels, Naz Reid, and others.
This means the team will need to either shed salaries or face a substantial tax burden next year.
The Timberwolves have several months to consider their options, which will ultimately depend on their performance in the postseason.
Currently, they have a strong chance of making it to the Western Conference Finals and potentially further.
Before joining the Timberwolves, Conley played crucial roles for both the Memphis Grizzlies and Utah Jazz.
He is now regarded as one of the league’s most dependable veterans.
According to the Source thecoldwire.com