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 The Minnesota Timberwolves have signed center Rudy Gobert to a three-year contract extension worth $110 million. The deal, which includes a decline in salary from the initial $46.6 million player option for next year, provides the team with financial flexibility while securing their star defender's services through 2028. With an average annual value of $36.7 million, the contract is considered a win-win for both parties.

Source: https://www.forbes.com/sites/mortenjensen/2024/10/24/110-million-rudy-gobert-contract-extension-is-a-win-for-both-sides/