Report: Timberwolves reach 2-year, $21 million extension with veteran Mike Conley

Mike Conley isn’t going wherever.

The Minnesota Timberwolves reached a two-year, $21 million contract extension with Conley on Monday, his brokers advised ESPN’s Adrian Wojnarowski. Conley’s present three-year, $68 million deal he first signed with the Utah Jazz is ready to run out on the finish of the season, so this new extension will preserve him out of free company and with the Timberwolves via the 2025-26 season.

Conley has been an important piece for the Timberwolves this season. The 36-year-old veteran has averaged 10.6 factors and 6.4 assists per sport whereas taking pictures 44.2% from the 3-point line, which is a career-high. He’s additionally second within the league in assist-to-turnover ratio this season, behind solely Washington Wizards guard Tyus Jones.

Conley landed in Minnesota after the Jazz traded him there in a three-team deal on the deadline that despatched D’Angelo Russell to the Los Angeles Lakers. The previous No. 4 general choose spent the primary 12 seasons of his profession with the Memphis Grizzlies earlier than touchdown in Utah in 2019. Conley has averaged 14.5 factors and 5.7 assists all through his profession.

The Timberwolves are in the midst of one among their greatest seasons in franchise historical past. They entered the All-Star break having gained seven of their final 9 video games, which gave them a 1.5 sport lead within the Western Convention standings. The franchise, which has made it out of the primary spherical of the playoffs simply as soon as in franchise historical past, is trying to achieve the playoffs for the third straight season below head coach Chris Finch.

The Timberwolves will resume their season on Friday towards the Milwaukee Bucks, which is able to kick off a seven-game homestand on the Goal Heart.