Anthony Edwards’ contract is a five-year, fully guaranteed agreement worth $244,623,120 with the Minnesota Timberwolves. The extension began in the 2024-25 season and runs through 2028-29.
Edwards will earn $48,924,624 in 2026-27. Moreover, he has three guaranteed seasons and $156,896,208 remaining on the deal.
Although the agreement was originally reported as worth up to $260 million, that number was an early projection. The finalized salary schedule depends on the NBA salary cap that took effect when the extension began.
Anthony Edwards Contract: Quick Answer
| Question | Answer |
|---|---|
| What is Anthony Edwards‘ contract worth? | $244,623,120 over five years |
| Is the contract fully guaranteed? | Yes |
| When did the extension begin? | The 2024-25 season |
| What is his 2026-27 salary? | $48,924,624 |
| How much money remains? | $156,896,208 over three seasons |
| What is the average annual value? | $48,924,624 |
| When does the contract expire? | After the 2028-29 season |
| Does it contain a player option? | No |
| When can he become a free agent? | The 2029 offseason, unless he signs another extension |
| Did missing All-NBA in 2026 reduce this deal? | No, the current contract remains fully guaranteed |
Anthony Edwards’ Contract by Year
| Season | Base salary | Status |
|---|---|---|
| 2024-25 | $42,176,400 | Completed |
| 2025-26 | $45,550,512 | Completed |
| 2026-27 | $48,924,624 | Guaranteed |
| 2027-28 | $52,298,736 | Guaranteed |
| 2028-29 | $55,672,848 | Guaranteed |
| Total | $244,623,120 | Fully guaranteed |
The salary rises each year because Minnesota gave Edwards annual increases equal to 8% of his first-year extension salary. Therefore, each raise equals $3,374,112.
No player option or team option appears in the final season. Consequently, the complete five-year schedule is guaranteed unless the parties later replace it with another agreement.
How Much Money Remains on Anthony Edwards’ Contract?
Anthony Edwards has $156,896,208 in guaranteed salary remaining after the 2025-26 season.
| Remaining season | Guaranteed salary |
|---|---|
| 2026-27 | $48,924,624 |
| 2027-28 | $52,298,736 |
| 2028-29 | $55,672,848 |
| Remaining total | $156,896,208 |
This figure is the gross NBA salary attached to his contract. However, it is not the amount Edwards necessarily takes home. Federal and state taxes, agent fees and other deductions can reduce a player’s net income.
Likewise, the remaining guarantee does not include endorsement income. His Adidas agreement and other sponsorships exist outside the Timberwolves payroll.
Direct answer: Minnesota owes Anthony Edwards $156,896,208 across the next three seasons, assuming the contract runs as scheduled.
Why Was Anthony Edwards’ Contract Reported as $260 Million?
The Timberwolves and Edwards agreed to the extension in July 2023. At that time, the exact salary cap for the 2024-25 season had not been established.
NBA.com announced the five-year extension as an agreement that could reach approximately $260 million. That description reflected an estimate based on a projected future cap.
However, max salaries are calculated from the actual salary cap in the first season of a contract. The NBA later set the official 2024-25 salary cap at $140.588 million.
Edwards qualified for a starting salary equal to 30% of that cap:
$140,588,000 x 30% = $42,176,400
His contract then added four annual raises of $3,374,112. As a result, the finalized total became $244,623,120.
| Figure | What it means |
|---|---|
| Up to approximately $260 million | Early projected maximum at the time of agreement |
| $244,623,120 | Finalized value based on the actual 2024-25 cap |
Therefore, both numbers can appear in legitimate reports. Still, $244,623,120 is the correct finalized contract total.
What Type of Contract Did Anthony Edwards Sign?
Edwards signed a designated rookie maximum extension.
Minnesota selected him with the first pick in the 2020 NBA Draft. After his third season, he became eligible to extend his four-year rookie-scale contract before reaching restricted free agency.
The five-year extension added new seasons beginning in 2024-25. In addition, it included performance language allowing the starting salary to rise from the standard 25% rookie maximum to 30% of the cap.
This type of incentive is commonly associated with the Derrick Rose Rule. It rewards young players who achieve major honors such as MVP, Defensive Player of the Year or All-NBA recognition before the extension begins.
The NBA Collective Bargaining Agreement governs maximum salaries, extensions, award eligibility and annual raises.
How Did All-NBA Honors Increase the Contract?
Anthony Edwards earned All-NBA Second Team honors for the 2023-24 season. Consequently, he satisfied the performance requirement for a 30% starting maximum.
Without the increase, his first-year salary would have been 25% of the $140.588 million salary cap:
$140,588,000 x 25% = $35,147,000
With 8% annual raises, a 25% maximum schedule would have totaled approximately $203.85 million. Instead, Edwards’ 30% schedule totaled $244.62 million.
Therefore, the All-NBA selection added approximately $40.77 million across five seasons.
| Starting maximum | Approximate five-year value |
|---|---|
| 25% of the 2024-25 cap | $203.85 million |
| 30% of the 2024-25 cap | $244.62 million |
| Difference | About $40.77 million |
The achievement had a direct financial effect before the contract began. However, his later award eligibility does not change these existing guarantees.
What Is Anthony Edwards’ Salary in 2026-27?
Edwards will earn $48,924,624 during the 2026-27 season.
The NBA set the 2026-27 salary cap at $164.961 million. Therefore, Edwards’ scheduled salary represents about 29.7% of that season’s cap.
His salary is also identical to the contract’s average annual value. That equality is coincidental: the annual salaries rise, while the five-year average lands at the third-season amount.
The 2026-27 figure is approximately:
- $596,642 for each of 82 regular-season games
- $12.23 million per calendar quarter
- $4.08 million per month across a 12-month year
These divisions provide simple context. Nevertheless, NBA contracts follow league payment schedules rather than paying players literally per game or in equal calendar-month installments.
Is Anthony Edwards’ Contract Fully Guaranteed?
Yes. The complete $244,623,120 extension is guaranteed.
That means the Timberwolves owe the scheduled salary even if Edwards experiences a decline in performance or suffers an injury, subject to the contract and CBA’s specific provisions.
Furthermore, his final year is not partially guaranteed. The $55,672,848 salary for 2028-29 carries the same guaranteed status as the earlier seasons.
Guaranteed salary does not prevent a trade. If Minnesota trades Edwards, the receiving team generally assumes the remaining contract and its cap charges.
Does Anthony Edwards Have a Player Option?
No. Edwards does not have a player option in 2028-29.
He also does not have a team option in that season. Therefore, neither Edwards nor the Timberwolves can unilaterally remove the final year through a standard option decision.
Some older projections incorrectly label the last season as an option. However, the finalized contract schedule treats all five seasons as guaranteed.
As a result, Edwards cannot choose to become a free agent in 2028 simply by declining the final year.
When Does Anthony Edwards’ Contract Expire?
The current agreement expires after the 2028-29 NBA season.
Unless Edwards signs another extension, he is scheduled to become an unrestricted free agent in the 2029 offseason. At that point, Minnesota could use its Bird rights to offer contract terms unavailable to most outside teams, subject to the CBA in effect.
However, the Timberwolves do not need to wait until 2029 to negotiate another extension. Eligibility depends on service time, years remaining and the type of extension under discussion.
The major question now concerns whether Edwards can qualify for a designated veteran maximum extension before his present deal expires.
Why Was Anthony Edwards Ineligible for 2025-26 NBA Awards?
The NBA generally requires players to appear in at least 65 qualified regular-season games to compete for honors such as MVP and All-NBA.
Edwards appeared in 60 qualified games during 2025-26. He filed an extraordinary-circumstances challenge, but an independent arbitrator denied it. The official award-eligibility decision consequently declared him ineligible for that season’s annual awards.
This ruling matters because All-NBA selections can unlock higher maximum salaries and designated veteran extensions.
Nevertheless, Edwards did not lose any money from his current contract. The remaining $156.9 million stayed fully guaranteed.
Direct answer: Edwards lost eligibility for 2025-26 awards, not salary from his existing Timberwolves agreement.
Did Anthony Edwards Lose a $300 Million Supermax?
Not exactly. Headlines saying Edwards lost a $300 million supermax refer to an opportunity, not a signed contract.
Because he could not make an All-NBA team in 2025-26, he could not use that season to satisfy the higher-max performance standard. Therefore, one possible route to a designated veteran extension closed for the 2026 offseason.
However, no guaranteed $300 million offer had already become part of his earnings. The projected value also depends on future salary caps, which can change before a contract is signed.
The most accurate description is:
Edwards’ award ineligibility delayed his potential supermax path, but it did not cancel his current contract or permanently eliminate a future extension.
Can Anthony Edwards Qualify for a Supermax in 2027?
Yes, a new opportunity could arise in 2027.
If Edwards meets the participation requirement and earns All-NBA honors in 2026-27, he could satisfy the recent-performance requirement for a designated veteran extension. By then, he would also have completed another season of NBA service.
Such a contract could begin at up to 35% of the salary cap and include annual raises, depending on the CBA requirements and Minnesota’s offer.
However, its exact value cannot be known today. Future salary caps affect the starting salary, while the final total also depends on contract length and raise structure.
Therefore, “four years and $300 million” should be treated as an estimate rather than a settled figure.
How Does the Contract Affect the Timberwolves’ Payroll?
Edwards’ $48.92 million salary is Minnesota’s largest individual guarantee entering 2026-27.
Moreover, his cap hit rises above $52 million in 2027-28 and $55 million in 2028-29. Those commitments reduce the room available for other players, although the expanding league salary cap softens part of the effect.
Teams above the luxury-tax thresholds may face additional financial charges and roster-building restrictions. In particular, the first and second apron rules can limit trades, exceptions and other transactions.
Still, max contracts are designed for franchise-level players. Minnesota accepted the long-term cost to secure its leading scorer through his prime years.
Can the Timberwolves Trade Anthony Edwards?
Yes. A fully guaranteed contract can still be traded.
If Minnesota moved Edwards, the acquiring team would generally inherit his remaining salaries. Meanwhile, both clubs would need to satisfy the NBA’s trade and salary-matching rules.
The contract does not contain a player option that allows Edwards to leave early. Likewise, public contract records do not identify a no-trade clause giving him unilateral veto power.
However, trade possibility does not mean a trade is planned. Rumors about Edwards’ future should remain separate from confirmed contract facts.
Is the Adidas Deal Part of Anthony Edwards’ NBA Contract?
No. Anthony Edwards’ Adidas endorsement is separate from the $244.6 million Timberwolves contract.
Adidas pays Edwards through a private commercial agreement connected with footwear, apparel and his signature shoe line. Fans can follow product announcements through the official Adidas Anthony Edwards news page.
However, Adidas compensation does not appear on Minnesota’s salary cap. The endorsement also does not count toward his NBA maximum salary.
Because complete financial terms have not been publicly disclosed through an authoritative filing, articles should avoid adding a rumored Adidas value to the Timberwolves contract.
Anthony Edwards’ Contract Timeline
| Date | Contract event |
|---|---|
| November 2020 | Edwards signed his rookie-scale contract after becoming the No. 1 draft pick |
| July 2023 | He agreed to a five-year designated rookie maximum extension |
| May 2024 | All-NBA Second Team honors activated the 30% maximum |
| July 2024 | The extension began at $42,176,400 |
| April 2026 | His award-eligibility challenge was denied after 60 qualified games |
| July 2026 | Three guaranteed seasons and $156,896,208 remained |
| 2027 | A new supermax path may open if he meets the required criteria |
| June 2029 | The current contract is scheduled to end |
The timeline separates completed events from future possibilities. In particular, the 2027 extension remains conditional.
Frequently Asked Questions About Anthony Edwards’ Contract
1. How much is Anthony Edwards’ contract worth?
Anthony Edwards’ finalized contract is worth $244,623,120 over five seasons. In addition, the entire amount is guaranteed.
2. What is Anthony Edwards’ salary for 2026-27?
He will earn $48,924,624 in 2026-27. Therefore, his salary represents approximately 29.7% of the league’s $164.961 million cap.
3. How much guaranteed money does Anthony Edwards have left?
Edwards has $156,896,208 remaining across three seasons. Specifically, the guarantee covers 2026-27 through 2028-29.
4. Why is the contract sometimes called a $260 million deal?
$260 million was an early estimate based on a projected salary cap. However, the finalized cap-based schedule totals $244,623,120.
5. Did Anthony Edwards’ All-NBA selection increase his salary?
Yes. His 2024 All-NBA Second Team selection raised the starting maximum from 25% to 30% of the cap. Consequently, it added approximately $40.77 million over five years.
6. Does Anthony Edwards have a player option?
No. His 2028-29 season is fully guaranteed without a player or team option. Therefore, he cannot opt out in 2028 under the current agreement.
7. When will Anthony Edwards become a free agent?
He is scheduled for unrestricted free agency in 2029. Nevertheless, he may sign another extension with Minnesota before then.
8. Did Anthony Edwards lose $300 million in 2026?
No signed $300 million contract was taken away. Instead, missing award eligibility delayed one possible supermax qualification route while leaving his existing guarantees unchanged.
9. Can Anthony Edwards qualify for a supermax in 2027?
Yes. If he meets the participation requirement and earns All-NBA honors in 2026-27, he could reopen the designated veteran extension path in 2027.
10. Is Anthony Edwards’ Adidas contract included in his NBA salary?
No. Adidas endorsement income is separate from his Timberwolves salary. Moreover, private sponsorship payments do not count against Minnesota’s NBA salary cap.
Conclusion
Anthony Edwards’ contract guarantees him $244,623,120 over five seasons with the Minnesota Timberwolves. After completing the first two years, he has $156,896,208 remaining through 2028-29.
The extension was initially reported as worth up to $260 million. However, the actual 2024-25 salary cap produced a finalized first-year salary of $42,176,400 and a five-year total of $244.62 million.
Meanwhile, Edwards’ 2025-26 award ineligibility did not reduce his current salary. It only delayed a possible designated veteran extension. If he meets the requirements and earns All-NBA honors in 2026-27, another supermax opportunity could open in 2027.
Ultimately, the present deal remains simple: five fully guaranteed seasons, no option year and three years left as of July 2026.