Mike Conley Agrees to Contract Extension with Minnesota Timberwolves

Mike Conley Contract Extension Minnesota Timberwolves
Jeff Hanisch-USA TODAY Sports

A Minnesota Timberwolves + Mike Conley contract extension is nearly complete, according to multiple reports around the NBA. The extension is for two years, $20,750,000 million ($10,375,000 million per season), meaning Mike is sticking around through 2025-26, when he will be 39 years old.

Related: Minnesota Timberwolves Depth Chart and Injury Report – 2024

It was reported a couple of weeks ago that the Wolves were moving in on a possible extension with Conley and that he was very interested in the possibility. Crazy how quickly things can get done when both sides are motivated.

Minnesota Timberwolves needed more Mike Conley

Mike Conley Contract Extension Minnesota Timberwolves
Jan 7, 2024; Dallas, Texas, USA; Minnesota Timberwolves guard Mike Conley (10) brings the ball up court against the Dallas Mavericks during the second quarter at the American Airlines Center. Mandatory Credit: Jerome Miron-USA TODAY Sports

According to Jon Krawczynski (The Athletic), it was head coach Chris Finch who started lobbying Timberwolves ownership for a Conley extension at the very beginning of this season. Money Mike is in the midst of a career-year, even as he creeps into his late-30s.

  • Mike Conley Stats ( 2023-24): 44% FG | 44% 3PT | 10.6 PTS | 6.4 AST | 2.9 RPG | .923 FT% | 15.5 PER | 5.8 WS

Conley’s 3PT% (44%) is right near his career high, his eFG% (.588) is a career high. But where Conley has thrived in Minnesota is with his role as the Wolves’ on-court pacesetter and distributor, but even more importantly, as a big brother figure for blossoming young stars Anthony Edwards, Jaden McDaniels and Karl-Anthony Towns.

Related: Anthony Davis Says Timberwolves are the Best Team He’s Seen This Season

There’s no doubt, Conley is the perfect point guard to help transition Ant from young phenom to NBA Superstar. And given some of the things we saw at NBA All-Star weekend, it’s pretty clear Ant still needs some guard rails up to help him navigate these pup years.

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