Timberwolves Sign Second-Rounder Jaylen Nowell

2:34pm: The Timberwolves have officially signed Nowell, the team confirmed today in a press release.

9:43am: The Timberwolves have agreed to sign second-round pick Jaylen Nowell to his first NBA contract, reports Darren Wolfson of SKOR North (Twitter links). Nowell is expected to formally sign the deal later today.

While exact terms of the agreement aren’t yet known, Wolfson suggests that it will feature a guaranteed $1.4MM salary in year one, and will span four years in total. He also notes that it will be similar to Naz Reid‘s contract, which is non-guaranteed in years two and three and has a fourth-year team option.

Because the deal will run longer than two years, the Wolves will use their mid-level exception. They’ve used that MLE to sign Reid and Noah Vonleh so far, but both players received modest salaries, so the team still has plenty of it available. Nowell also projects to be Minnesota’s 15th guaranteed contract for 2019/20, so the regular season roster looks pretty set, barring an unexpected move or two.

Nowell, the 43rd overall pick in the draft, is a 6’4″ guard who played his college ball at Washington. He declared for the draft this spring after averaging 16.2 PPG, 5.3 RPG, and 3.1 APG on .502/.440/.779 shooting as a sophomore, earning Pac-12 Player of the Year honors.

Now that Nowell has a deal in place, only six players from this year’s draft class remain unsigned, as our tracker shows.