The Minnesota Timberwolves made the playoffs for just the second time in the last 15 years in the 2021-22 season, with their campaign ultimately coming to an end in the first round of the Western Conference Playoffs. It was an important step forward for the young core of Karl-Anthony Towns and Anthony Edwards, who have the potential to take this team places in the future.

The Timberwolves boosted the supporting cast for Edwards and Towns with the $16 million move they made on forward Taurean Prince ahead of the NBA's free agency period, per Adrian Wojnarowski of ESPN.

Minnesota Timberwolves forward Taurean Prince has agreed on a two-year, $16 million contract extension, sources told ESPN on Tuesday.

Per Wojnarowski, Prince and the Timberwolves have agreed to a two-year, $16 million contract extension. Prince, 28, was a key rotational piece for Edwards and the Wolves this past season, as he averaged 7.3 points, 2.5 rebounds, and 1.2 three-pointers per game in 17.1 minutes played per game.

As Edwards' direct backup, Prince is an important depth piece. Wings that can come off the bench, shoot the three-ball and play capable defense are hard to find in the league.

He'll resume that role next season, as he, Edwards and the Timberwolves attempt to take the next step out West.