The Minnesota Timberwolves have agreed multi-year contract extensions with head coach Chris Finch and his staff.

Finch's Timberwolves fell to a 124-120 loss to the Chicago Bulls on Sunday to conclude their regular season with a commendable 46-36 record in the Western Conference.

Minnesota finished seventh in the West to secure home-court advantage in the NBA Play-In tournament, in which they host the Los Angeles Clippers on Tuesday.

The Timberwolves will be boosted by the confirmation of the extension for Finch, who is in his first full season in charge after being appointed in February 2021 following the firing of Ryan Saunders.

A former assistant coach in Houston, Denver, New Orleans, and Toronto, Finch expressed his delight at having the chance to build on this impressive campaign.

"I am thankful to [majority owner] Glen [Taylor], Becky and the entire ownership group for their ongoing support and commitment," he said. 

"It's been a season that all of us, including our fans can be proud of and I'm grateful that my staff will continue to lead us forward."

The Timberwolves ownership group added: "Chris has done a tremendous job creating stability and consistency for this franchise and building a winning mentality.

"We look forward to supporting him throughout the years while he continues achieving the goals he and his staff have set out for the team."

Finch has overseen 62 wins with the Timberwolves, the fourth-most in the team's history, while the 52-year-old guided Minnesota to 20 road wins in the 2021-22 campaign for the first time since the 2004-05 season.

The Timberwolves also lead the NBA this season in points-per-game (115.9) for the first time in the franchise's history, along with a league-leading 1,211 three-pointers and 1,339 turnovers forced.