Naz Reid - Golden State Warriors v Minnesota Timberwolves
MINNEAPOLIS, MN - Naz Reid (#11) of the Minnesota Timberwolves dunks the ball against the Golden State Warriors in the fourth quarter of the game at Target Center on March 1, 2022 in Minneapolis, Minnesota. The Timberwolves defeated the Warriors 129-114. David Berding/Getty Images

The Minnesota Timberwolves and Naz Reid have agreed to a new three-year deal worth $42 million, according to ESPN's Adrian Wojnarowski.

The agreement includes a player option for the 2025-26 season, which could allow Reid to negotiate a better deal in two years if he performs well.

After spending a year playing college basketball for LSU, the 6-foot-9 center went undrafted in the 2019 NBA Draft. The Timberwolves subsequently signed him on a multi-year contract, and he spent some time for their G League affiliate, Iowa Wolves, during his rookie season.

The franchise risked losing Reid in free agency, beginning in a few days. Fortunately, the 23-year-old's agents, Sean Kennedy and Jeff Schwartz of Excel Sports Management, finally reached a deal with Timberwolves president Tim Connelly on Sunday after several months of negotiations.

Naz Reid Played His Best Season in 2022-23

Reid had a breakout season in 2022-23, averaging career-highs of 11.5 points and 49.5 rebounds on a 53.7% shooting clip from the field.

He scored a career-high 30 points against the Golden State Warriors on February 26, 2023 in a 109-104 losing effort against the then-defending champions.

However, Reid's sensational year came to an end after breaking his wrist in a loss against the Phoenix Suns on March 28. It was later diagnosed as a left scaphoid fracture.

The center missed the team's play-in games against the Lakers and Thunder and their first-round postseason matchup against eventual champions Denver Nuggets, who ousted them in five games.