Report: Timberwolves agree to three-year, $110 million extension with Rudy Gobert

The four-time Defensive Player of the Year is staying in Minnesota through the 2027-28 season.

Minnesota Timberwolves center Rudy Gobert runs up court after a basket against the New York Knicks during the first half at Madison Square Garden in New York on Oct. 13, 2024. / Vincent Carchietta-Imagn Images

The Timberwolves and center Rudy Gobert have agreed to a three-year, $110 million contract extension, according to a report from ESPN's Shams Charania, that keeps the four-time Defensive Player of the Year in Minnesota through 2027-28.

With the extension, Gobert is declining his $46.6 million player option for next season, according to Charania, who also reported that Gobert will have a player option in the last year of the deal — the 2027-28 season. Overall, Gobert's contract now runs for four years and $153 million, according to Charania. Reducing Gobert's cap hit next season gives the Wolves —who are above the second apron this year — more flexibility to make changes going forward.

Gobert is declining his $46.6M player option for 2025-26 and receiving a fresh multiyear extension through 2027-28 – also giving Minnesota significant flexibility next season opting out. Final season has a player option, sources said. https://t.co/elXhX9Tl0v

— Shams Charania (@ShamsCharania) October 23, 2024

Charania also reported the deal includes a trade kicker, which would require the Wolves to pay Gobert more if they traded him.

Gobert averaged 14.0 points, 12.9 rebounds and 2.1 blocks per game last season for the Timberwolves, helping the team to the league's top-ranked defense and winning his fourth Defensive Player of the Year Award.

For his 12-year career, Gobert has averages of 12.7 points, 11.8 rebounds and 2.1 blocks per game.

Gobert will now be sticking around Minnesota for the foreseeable future.