The timing of this deal is big for the Wolves. Getting a deal done now means they do not have to worry about Reid hitting free agency at the end of this week and an opposing team throwing a big number at him or structuring the deal in a way that would make it difficult for the salary cap-strained Wolves to keep him.
Pretty solid contract for both parties. Gives us a back up plan if we move one of Rudy or Towns, and also is still a pretty tradeable contract if we would ever need to trade Naz.