Live broadcast, July 11 news according to the famous Keith Smith report, sources revealed that in the early renewal contract signed by Edwards and Timberwolves, in this top salary contract, the proportion of salary in the salary cap for each season has the opportunity to increase from 25% to 30%.
In addition, this contract also includes 15% of the transaction deposit.
This summer, Edwards and Timberwolves reached an early renewal agreement (top salary) for the designated rookie terms. If Edwards was selected as the best team in the 2023-24 season, the total amount of the early renewal contract would be $0.26 billion for 5 years, if it is not reached, the contract amount is USD 0.217 billion for 5 years.