Julius Randle reportedly signing new $100 million contract with Timberwolves

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May 24, 2025; Minneapolis, Minnesota, USA; Minnesota Timberwolves forward Julius Randle (30) reacts against the Oklahoma City Thunder during the second half in game three of the western conference finals for the 2025 NBA Playoffs at Target Center. Mandatory Credit: Brad Rempel-Imagn Images

After a blockbuster move last offseason saw him traded for Karl-Anthony Towns, former Kentucky forward Julius Randle is locking down a new contract.

On Sunday afternoon, ESPN’s Shams Charania reported that Randle “intends to sign” a three-year deal worth $100 million to stay with the Minnesota Timberwolves. Randle, 30, entered the offseason with a player option worth $31 million for the 2025-26 season, but he and the Wolves opted for a new contract that will keep him with the franchise for the foreseeable future. Charania reports the deal includes a player option for the 2027-28 season.

During the 2024-25 season, his first in Minnesota, Randle averaged 18.7 points, 7.1 rebounds, and 4.7 assists in 32.3 minutes per outing. The 6-foot-9 forward started all 69 games he appeared in, shooting 48.5 percent from the field, 34.4 percent from deep, and 80.6 percent from the free throw line. He played a key role in the Timberwolves making the Western Conference Finals for the second straight season.

BREAKING: Three-time NBA All-Star Julius Randle intends to sign a new three-year, $100 million deal to stay with the Minnesota Timberwolves, sources tell ESPN. The deal includes a player option for the 2027-28 season. pic.twitter.com/j8fKA45gXu
— Shams Charania (@ShamsCharania) June 29, 2025

Minnesota is Randle’s fourth NBA team since he was taken with the 7th overall pick in the 2014 NBA Draft following a one-and-done season at Kentucky. After stints with the Lakers, Pelicans, and Knicks, he was dealt on the eve of the season opener for Towns, who himself helped lead the Knicks to the Eastern Conference Finals this past season.

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A three-time All-Star, all while playing in New York, Randle saw a reduced role during his first run with the Wolves. His 18.7 points per game marked his fewest since the 2017-18 season, and his usage rate of 25 was his lowest since the 2016-17 campaign. But by taking a backseat to budding superstar Anthony Edwards, Minnesota won 49 games, posted a top 10 offense and defense, and made it back to the Western Conference Finals, ultimately losing to the eventual NBA Finals champion Oklahoma City Thunder.

Known throughout his career as a playoff dropper, Randle changed that narrative during this year’s postseason. Through the first two rounds, he posted per-game averages of 23.9 points, 5.9 rebounds, and 5.9 assists on shooting splits of 50.9/34.5/88.9. And while his third series against OKC saw some inconsistencies, Randle’s season-long performance was more than enough to earn this new deal.

Minnesota now has its top three frontcourt players locked in for the next few seasons. Naz Reid agreed to a fresh five-year, $125 million deal with the Wolves earlier this weekend, while Rudy Gobert is signed through 2027-28. That’s an expensive frontcourt, but paired with a superstar still not yet in his prime with Edwards, Minny’s front office is hoping to continue building off the success of the last two seasons.

Now all Minnesota needs to do is feed Rob Dillingham more minutes in 2025-26.