Timberwolves agree to 5-year extension with Anthony Edwards - ESPN

Minnesota Timberwolves star Anthony Edwards has agreed on a five-year designated rookie maximum deal that could be worth up to $260 million, his agents Bill Duffy and Joe Branch of WME told ESPN's Adrian Wojnarowski on Monday.

Edwards, the No. 1 overall pick in the 2020 draft, averaged career bests of 24.6 points, 5.8 rebounds, 4.4 assists and 1.6 steals per game last season while earning his first All-Star appearance.

He becomes the fourth player from the 2020 class to sign a five-year max extension, joining Tyrese Haliburton, LaMelo Ball and Desmond Bane.

Edwards, who turns 22 in August, starred in the playoffs last season despite the Timberwolves being eliminated in the first round by the eventual champion Denver Nuggets, averaging 31.6 points per game in the series and 158 points total. According to ESPN Stats & Information research, LeBron James was the only player younger than Edwards to score that many points in a five-game span in the playoffs.

The 6-foot-4, 225-pound Edwards, one of the league's most explosive athletes, has already blossomed into a star during his three-year career. He has improved statistically in almost every category — points, rebounds, assists, steals, blocks, field goal percentage and 3-point percentage — in each season.

Only three players in NBA history have scored more points before turning 22 years old than Edwards (4,871): James, Kevin Durant and Carmelo Anthony.

ESPN's Tim MacMahon contributed to this story.