Jaden McDaniels Net Worth 2025, Contract and Salary
Jaden McDaniels has established himself as a key player for the Minnesota Timberwolves, earning recognition for his defensive skills and versatility on the court. His efforts were rewarded during the 2023-24 NBA season, when he was named to the NBA All-Defensive Second Team.
Jaanvy Gill 
McDaniels had a standout performance in the 2024 NBA Playoffs, delivering a playoff career-high 25 points in a 105–93 victory over the Phoenix Suns on April 23. His contributions on both ends of the floor helped the Timberwolves sweep the Suns and advance to the second round, marking a significant milestone in his career.
Jaden McDaniels was a five-star recruit and one of the top prospects in the 2019 class, making a name for himself with his size, athleticism, and skillset. Basketball runs in the family—he is the younger brother of Jalen McDaniels, who also plays in the NBA.
Jaden McDaniels Net Worth
Jaden McDaniels has an estimate Net Worth of $20 Million as of 2025.Jaden McDaniels' net worth primarily comes from his NBA salary and endorsement deals. With his massive contract extension and impressive performances on the court, his earnings are only expected to grow in the coming years. As he continues to establish himself as a key player for the Timberwolves, his financial future looks bright.
| Name | Jaden McDaniels |
|---|---|
| Net Worth (2025) | $20 million |
| Rookie Contract (2020-2024) | 4 years, $10 million |
| Annual Salaries (Rookie Deal) | $1.96M (2020-21), $2.06M (2021-22), $2.16M (2022-23), $3.9M (2023-24) |
| Contract Extension (2024-2029) | 5 years, $131 million |
| Annual Salary (Extension) | $23M (2024-25), increasing yearly (Avg. $26.2M) |
| Total Career Earnings (Projected by 2029) | Over $140 million |
| Endorsements | Potential sponsorship deals |
Jaden McDaniels Contract and Salary
Jaden McDaniels initially signed a four-year rookie contract worth around $10 million, with his salary gradually increasing from $1.96 million in his first season to $3.9 million by 2023-24.
In October 2023, McDaniels secured his financial future with a massive five-year, $131 million contract extension with the Minnesota Timberwolves. This new deal, which kicks in for the 2024-25 season, starts at $23 million in the first year and averages $26.2 million annually. With this extension, McDaniels has cemented himself as a core piece of the Timberwolves' future.
Early Life & High School Career
Born on September 29, 2000, in Federal Way, Washington, Jaden McDaniels was raised in a basketball-driven household. His older brother, Jalen McDaniels, paved the way as a professional player, inspiring Jaden to chase his own NBA dreams.
McDaniels attended Federal Way High School, where he quickly established himself as one of the nation’s top prospects. A five-star recruit in the class of 2019, he stood out with his scoring ability, defensive versatility, and elite athleticism, leading his team to multiple victories.
As a senior, McDaniels dominated the court, averaging 23.3 points, 10 rebounds, and 4 assists per game. His outstanding performances earned him a spot as a McDonald’s All-American, cementing his status as one of the best young talents in the country. With college programs across the nation vying for him, his future in basketball was already looking bright.
Professional Career
After an impressive high school career, Jaden McDaniels committed to play college basketball at Washington, where he showcased his raw talent during his freshman season (2019-2020). He averaged 13.0 points, 5.8 rebounds, and 1.4 blocks per game, flashing his two-way potential while also struggling with consistency and foul trouble. Despite some ups and downs, his length, athleticism, and defensive versatility made him an intriguing prospect heading into the 2020 NBA Draft.
McDaniels was selected 28th overall in the first round by the Los Angeles Lakers, but his time in L.A. was short-lived. He was immediately traded to the Oklahoma City Thunder, along with Danny Green, in exchange for Dennis Schröder. Shortly after, he was traded again to the Minnesota Timberwolves, along with the draft rights to Immanuel Quickley, in a deal that sent Aleksej Pokuševski to Oklahoma City.
Landing in Minnesota, McDaniels quickly made a name for himself as a versatile defender and a key role player. Over the years, he grew into one of the Timberwolves’ most important pieces, taking on the challenge of guarding top scorers while also expanding his offensive game.
His defensive impact was officially recognized during the 2023-24 NBA season, when he earned a spot on the NBA All-Defensive Second Team. His breakout moment came in the 2024 NBA Playoffs, where he delivered a career-high 25-point performance in a 105-93 victory over the Phoenix Suns in the first round. His strong play helped Minnesota sweep the Suns and advance to the next round, further cementing his status as a rising star in the league.
