Summary
Reid's primary role on offense is as a stretch big, as he is a 36% three-point shooter on decent volume. That makes him a legitimate pick-and-pop threat, and if he can get closer to 40% he could really be someone that defenses fear to leave open, which could cause more switches and create mismatches for Reid or his teammates. Reid isn't completely one-dimensional on offense either, as he can roll instead of pop out of pick-and-roll, and has decent hands and touch around the rim. Due to his athletic limitations, he's not a lob threat.

On defense, Reid isn't the quickest defender, and can get beat in space or when having to defend on the perimeter, but he isn't so far negative that he's unplayable. In certain playoff matchups that could be the case though. Reid has an above-average block rate, but doesn't rebound all that well. Reid looks like a legitimate backup center that could stick around the league for a long time, but I'm not sure he can get to the point where he's a starting center.

Cap Considerations
Reid's $1.8 million salary for 2021-2022 is non-guaranteed, and if he is waived he will become an unrestricted free agent and the Timberwolves will have no form of Bird rights on him. It's very unlikely the Timberwolves waive Reid, and if he did he would likely be claimed before hitting free agency. If he is waived, teams could claim him off waivers, but would need to fit his salary within cap space or an exception to do so, as his contract doesn't fit within the minimum salary exception as it was a four-year contract.

If Reid becomes a free agent, other teams will have multiple ways to sign him as even teams without cap space could possibly use either of the Non-Taxpayer MLE, Taxpayer MLE, or possibly even the Room MLE to sign him. I would also say that in the unlikely scenario Reid is waived and clears waivers, his value will have dropped low enough that he would only have offers for the minimum.