Mike Conley Jr. and the Timberwolves have agreed to a two-year, $21 million contract extension.

Minnesota Timberwolves guard Mike Conley Jr. has agreed to a two-year, $21 million contract extensionCAA basketball agents Stephen Human and Jess Holtz told ESPN on Monday.

The deal keeps Conley, who has an important stabilizing presence in first place in the Western Conference, Out of summer free agency and under contract through the 2025-26 season.

Conley played A Huge role in the Timberwolves' rise to the Western Conference's eliteand reached an agreement with the Utah Jazz at the February 2023 trade deadline. He immediately provided leadership and consistent play at point guard for a team desperate for it.

Conley met Rudy Gobert in Minnesota and helped bring together the great talent of Anthony Edwards, Karl-Anthony Towns and Gobert himself.. The Timberwolves are 37-13 when Conley plays this season and 2-3 when he's out.

Conley is shooting a career-high 44% from 3-point range this season. He also posted an effective field goal percentage of 59%.The best of his career. Conley also ranks second in assists and turnovers in the league, behind only Washington's Tyus Jones.

ESPN Statistics & Information contributed to this report.