The New York Knicks are expected to offer Karl-Anthony Towns a contract extension this offseason, though The Athletic’s James L. Edwards III does not believe the team will present the veteran center with a maximum contract.
A four-year max extension would reportedly be worth around $272.8 million beginning with the 2027-28 season.
Since arriving from the Minnesota Timberwolves before the 2024-25 campaign, Towns has lived up to expectations.
He has earned two All-Star selections with New York, played in 147 of a possible 164 regular-season games and averaged 22.2 points and 12.3 rebounds.
He also played a vital role in the Knicks’ championship run after adapting to a different offensive role under head coach Mike Brown.
Despite his production, Edwards believes New York will be cautious because Towns is entering his age-31 season and the team’s payroll is already rising.
Committing to a full maximum contract could limit the Knicks’ financial flexibility in future seasons.
Towns remains eligible to sign an extension throughout the season because he holds a player option for 2027-28.
If no agreement is reached before opening night, he would need to decline that option before signing a new long-term contract.
Knicks Notes: Towns, Rosas, Coaching Staff, More https://t.co/5YFrx42D7D
— Hoops Rumors (@HoopsRumors) August 6, 2026
