Minnesota Timberwolves guard Mike Conley Jr. has agreed to a two-year, $21 million extension with the team, ensuring his presence in the backcourt through the 2025-2026 season. The deal, confirmed by Steven Heumann and Jess Holtz of CAA Basketball to ESPN, includes salaries of $9,975,962 in 2024-25 and $10,774,038 in 2025-26. This extension is significant for the Timberwolves, who have seen a resurgence into the playoff picture last year and are currently at the top of the West, thanks in part to Conley's contributions. The agreement, reached over the break, reflects Conley's desire to stay in Minnesota and the team's commitment to maintaining its competitive core. With $175 million in salary for the next season, the Timberwolves will be a second apron team, indicating they will face limitations in replacing players like Morris or SloMo if they aren't re-signed.
🏀 Here’s where @Rjeff24 and @MarkJonesESPN are sitting tonight in Minneapolis. Courtside for our Wolves All-Access game against the Bucks. 10 p.m. ET. https://t.co/v7NZlSxIKA
Despite being on top of the West, Mike Conley and the Timberwolves have a chip on their shoulder 🗣️ Bucks/Timberwolves • 10:00pm/et on ESPN https://t.co/9WRDjpCE91
Family comes first for Mike Conley 🫶 #TimberwolvesAllAccess Bucks/Timberwolves • 10:00pm/et on ESPN https://t.co/Pu5uf5akdg
Family comes first for Mike Conley 🫶 #TimberwolvesAllAccess Bucks/Timberwolves • 10:00 pm/et on ESPN https://t.co/diimYk2zLq
An All-Star showdown to cap off Timberwolves: All-Access 🤩 🍿 Bucks vs. Timberwolves 📺 10 ET on ESPN https://t.co/QwvgwZd4Vh
Here’s the breakdown of the Mike Conley extension in Minnesota: 2024-25- $9,975,962 2025-26- $10,774,038 Notes 📝Both years guaranteed with no player/team option 📝6 month trade restriction because year 2 was a 8% increase off year 1 📝No incentive bonuses (his 2023-24…
The Bucks are +4.5 tonight vs. the Timberwolves 🦌🐺 https://t.co/n0E5zAT9b7
🏀Here’s what’s in store as the day goes on, including @AROD joining tonight’s game broadcast & @stephenasmith all day in Minneapolis 📺ESPN's "Timberwolves: All-Access" w/Stephen A explained: TV sked & more | https://t.co/M9fG2MmK7h https://t.co/lKboRCATqA
I'm very happy about the Wolves signing Mike Conley to an extension, and this @DaneMooreNBA and @JaceFrederick podcast is a great in-depth breakdown of the deal and the domino effects. https://t.co/Aekg6KyHHw
Report: Mike Conley, Wolves Agree on Two-Year, $21 Million Extension https://t.co/scY7sdPbk6
Les Timberwolves prolongent Mike Conley ➡️ https://t.co/heFAfAiIlZ https://t.co/I8bffVY4KT
ESPN story on Minnesota’s Mike Conley Jr. agreeing on a two-year, $21M extension: https://t.co/GgF5Wae1eJ
Conley Jr. and Wolves agree to a two-year, $21M extension https://t.co/60Yu5WOzXp
Mike Conley Jr., Wolves Agree To Two-Year, $21M Extension https://t.co/bJDLGjw4AH
Mike Conley contract: Timberwolves guard signs two-year, $21 million extension, per report https://t.co/rw9XPaVdvt
Wolves Culture™️ https://t.co/qzyJafZdKP
Timberwolves reportedly reach two-year, $21 million extension with point guard Mike Conley https://t.co/PT3jTxPgCY
ESPN story on Timberwolves G Mike Conley Jr., agreeing on a two-year, $21M contract extension https://t.co/GgF5Wae1eJ
Even @HPbasketball thinks this is a good deal https://t.co/1HzD50A4as
.@mconley11 reportedly agrees to a new deal with the @Timberwolves. 🐺🏀 #RaisedByWolves #TakeNote #NBA https://t.co/I04TwwT4jj
Huge value deal for the Wolves. https://t.co/PJaDUKV2ec
Mike Conley is still Mike Conley https://t.co/eSiu4zTRLo
There’s a reason why I keep saying the Timberwolves are unsustainable as currently constructed. They aren’t the only ones in that boat, either. https://t.co/RCs6AZud5t
I'm in favor of any scenario that results in Mike Conley getting paid. Good move for Wolves to eliminate significant source of offseason uncertainty. Wolves now a second apron team, so won't be able to replace Morris or SloMo if they aren't re-signed. https://t.co/0h4UeUpB4C
This is huge news for Minnesota to get this deal done. Conley has been a massive part of the Timberwolves getting to the top of the West this year, and their resurgence into the playoff picture last year. https://t.co/WS5iXpJSM1
The Timberwolves have been working for weeks to get Mike Conley extended. Tim Connelly got ownership on board fairly early in the season. Conley wanted to be in Minnesota and the two sides reached agreement over the break.
The T-Wolves have extended Mike Conley. 💪 https://t.co/pp6nNYiqSy
Mike Conley Jr. has agreed on a two-year, $21 million extension with the Minnesota Timberwolves, Steven Heumann and Jess Holtz of @CAA_Basketball told @wojespn. https://t.co/tmvznzFtMp
Minnesota has $175M in salary next season. The Conley Jr. extension all but assures Minnesota will be a second apron team. https://t.co/H50PzEnVjh
Minnesota Timberwolves guard Mike Conley Jr. is nearing a two-year, $22 million contract extension, sources tell @TheAthletic @Stadium. https://t.co/7qA67tO1JJ
Minnesota Timberwolves G Mike Conley Jr. has agreed on a two-year $21 million extension, Steven Heumann and Jess Holtz of @CAA_Basketball tell ESPN. The Timberwolves keep Conley Jr. out of summer free agency and in backcourt thru 2025-2026. https://t.co/M9MSc3zdsr