McDaniels agreed to a one-year, $40 million extension with the Timberwolves on Monday, Shams Charania of ESPN reports.

McDaniels will now be under contract with Minnesota through the 2029-30 season, earning $124 million over the life of his deal. The 26-year-old forward could see an uptick in usage this season with Julius Randle no longer around, and he'll be a reliable source of stocks, making him an attractive draft-day target.

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