All-Star forward Julius Randle plans to sign a new contract with the Minnesota Timberwolves, ESPN reported Sunday, June 29.
The deal is expected to be for three years and $100 million, according to the ESPN report.
Randle originally signed a four-year, $117 million contract extension in 2021 when he was with the New York Knicks. His player option for the 2025-26 season is worth $30.9 million, and he had to decide by June 29 whether to exercise that option.
The three-time All-Star was traded before the 2024 season to Minnesota, and the Knicks received Karl-Anthony Towns in the three-team swap.
Randle, 30, averaged 18.7 points, 7.1 rebounds, and 4.7 assists in 69 games for a Timberwolves team that advanced to the Western Conference Finals for the second consecutive year.
But in that series, in which the Oklahoma City Thunder eliminated the Wolves in five games, Randle scored 20 or more points in three of the five games, but scored only six and five points in Games 2 and 4, respectively, both losses.