Knicks and Karl-Anthony Towns make little headway on extension
The short version
- Extension talks between Karl-Anthony Towns and the Knicks have stalled.
- A deal before training camp is viewed as unlikely, though talks are described as cordial.
- Towns is eligible for an extension worth up to $276 million over four seasons.
- He holds a $61 million player option for 2027-28 and could enter free agency in 2027.
- No deadline exists for completing an extension.
Negotiations on a new deal for the New York big man have stalled, though both sides are said to remain on good terms.
Contract negotiations aimed at extending Karl-Anthony Towns' stay with the New York Knicks have hit a standstill, making an agreement before camp opens appear doubtful. According to the report, however, discussions between the two sides have remained friendly throughout.
Towns became eligible to sign a new deal during the offseason, one that could be worth as much as $276 million across four years. He also holds a $61 million player option for 2027-28 and would be able to test free agency in 2027.
Reporter Shams Charania described the situation as a distraction hanging over the team as camp approaches. There is no deadline forcing the Knicks and Towns to finalize an extension.
