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League: NBASport: BasketballCountry: United StatesCategory: Trades

Karl-Anthony Towns eligible to sign $272 million extension

Yahoo Sports • 1 min read • Latest: Jun 7, 2026, 10:29 AM

Last updated Jun 7, 2026

Karl-Anthony Towns eligible to sign $272 million extension
Summary

Karl-Anthony Towns is eligible for a four-year contract extension worth $272 million. He has one guaranteed season remaining on his current contract, along with a player option valued at $61 million for the 2027-28 season. Discussions regarding his long-term future with the team may take place as the Knicks finalize their NBA Finals package.

Source Links
Yahoo Sports
Key Details
  • •Towns is eligible for a $272 million extension.
  • •He has one guaranteed season left on his current deal.
  • •He also has a $61 million player option for 2027-28.
  • •The Knicks may discuss his long-term future soon.
Latest Updates
  • 10:29 AMYahoo Sports — Karl-Anthony Towns eligible for $272 million extension
What they're saying
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Karl-Anthony Towns eligible for $272 million extension

Related Teams & Leagues
New York KnicksNBABasketball

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