Jaden McDaniels' net worth in 2024 is $20 million. McDaniels is a starting forward and a defensive force for the Minnesota Timberwolves as he made the 2024 NBA All-Defensive Second Team. Let's take a closer look at Jaden McDaniels' net worth in 2024.

What is Jaden McDaniels' net worth in 2024?: $20 million (estimate)

Jaden McDaniels' net worth in 2024 is $20 million. This is according to reputable outlets such as Celebrity Net Worth.

Jaden McDaniels was born on Sept. 29, 2000, in Federal Way, Wash. He attended Federal Way High School. As a senior, McDaniels averaged 23.2 points, 10.3 rebounds, and 3.2 assists per outing. For his efforts, McDaniels was named Washington Gatorade Player of the Year and McDonald's All-American, as per sources.

Coming out of high school, McDaniels was a five-star prospect, according to ESPN. As a blue-chip prospect, McDaniels ranked at the pole position in the state, regional and position levels. The 6-foot-9 forward also received offers from various college basketball programs such as UCLA, Texas, San Diego State, Kentucky and Washington.

McDaniels eventually opted to attend Washington. The Federal Way High School standout was a one-and-done prospect for the Washington Huskies. In his lone season in a Huskies uniform, McDaniels tallied 13.0 points, 5.8 rebounds, and 2.1 assists per game while making 41 percent of his shots from the field. The Huskies also went 15-17 on the season.

Jaden McDaniels is drafted by the Lakers

After only one season with Washington, McDaniels decided to forego his remaining years of college eligibility by officially declaring for the 2020 NBA Draft. On draft night, the defending champion Los Angeles Lakers selected McDaniels in the first round with the 28th overall pick.

However, McDaniels never played for the Lakers. On the same night, the Lakers traded the Washington alum to the Oklahoma City Thunder with three-time NBA champion Danny Green in return for Sixth Man of the Year candidate Dennis Schroder.

Jaden McDaniels is traded to the Timberwolves

Two days after the trade to the Thunder, McDaniels was on the move once again. Shortly after the trade, the Thunder traded McDaniels to the Timberwolves with Spanish guard Ricky Rubio and a first-round draft pick in exchange for James Johnson, Aleksej Pokusevski, and a second-round draft pick.

By landing with the Timberwolves, McDaniels went on to sign a four-year rookie deal worth $10 million, according to Spotrac. In his rookie season, McDaniels averaged 6.8 points, 3.7 rebounds, and 1.1 assists per game while shooting 45 percent from the field overall.

A season later, McDaniels improved his numbers to 9.2 points, 4.2 rebounds, and 1.1 assists per game while shooting 46 percent from the floor. Moreover, McDaniels was part of the Timberwolves squad that clinched a playoff appearance, ending a three-year absence from the postseason.

In the 2022 NBA Playoffs, McDaniels put up 9.3 points, 2.8 rebounds, and 0.7 assists per game while hitting 53 percent of his shots from the floor. Unfortunately, the Timberwolves lost to the Memphis Grizzlies in six games.

In the 2022-23 season, McDaniels had the best NBA season of his career. The former Huskies star averaged a career-high 12.1 points to go along with 3.9 rebounds and 1.9 assists per game while shooting 52 percent from the field.

However, McDaniels' season was cut short after suffering a fractured hand, according to reports. The Timberwolves forward reportedly punched a wall out of frustration during the team's 113-108 victory over the New Orleans Pelicans.

Jaden McDaniels signs contract extension with the Timberwolves

Despite a disappointing end to McDaniels' season, the Timberwolves kept their faith in the promising forward by signing him to a five-year contract extension worth $136 million, according to a report by the NBA. In the 2023-24 season, McDaniels averaged 10.5 points, 3.1 rebounds, and 1.4 assists per outing while shooting 49 percent from the floor.

McDaniels played an instrumental role in leading the Timberwolves past the Phoenix Suns and the defending champion Denver Nuggets during the first two rounds of the 2024 NBA Playoffs. The Timberwolves won their first playoff series since 2004.

Thus far in the playoffs, McDaniels is averaging 12.4 points, 4.5 rebounds and 1.0 steals per game. He also came up big in an epic Game 7 against the Nuggets with 23 points and six rebounds as the Wolves had the biggest comeback in a Game 7 in NBA history.

Jaden McDaniels' endorsement deals

Given that McDaniels has carved out a reputation for hustle and defense in the NBA, it isn't surprising that he has garnered the attention of several brands. In fact, McDaniels became the first NBA athlete to endorse Monster Energy, a growing brand of energy drinks, as per reports.

Nevertheless, were you at all stunned by Jaden McDaniels' net worth in 2024?