NBA2d ago
Knicks and Towns Stay Far Apart on Extension Value
The defending champions and their All-Star center remain divided on a new deal that would keep him in New York long term.
By OddsListing wire desk
· 1 min read
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Offer and Counter
Karl-Anthony Towns remains eligible for a four-year, $276 million extension, yet the Knicks have offered a four-year deal worth approximately $200 million. The gap stems from concerns over the second apron, and Towns has indicated he is open to a middle ground that keeps the roster intact while reflecting his contributions.
Towns' Case
Towns previously signed a four-year, $220.4 million extension with the Timberwolves. He points to his All-NBA selection and role in the title run as reasons for a stronger number. Comparisons include Joel Embiid's three-year, $193 million deal, Bam Adebayo's three-year, $166 million extension, and Evan Mobley's five-year, $269 million contract. A four-year, $220 million figure would sit between those marks and below a full maximum.
Next Steps
Without an agreement, Towns holds a $61 million player option for the following season. Projections place his value near $52.8 million annually. Possible paths include signing for $140 million to $160 million or a four-year, $180 million extension starting later, both of which could help the Knicks stay under the second apron while securing future guarantees.
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