Knicks and Karl-Anthony Towns predicted to agree on contract extension

Sources predict that Karl-Anthony Towns and the New York Knicks will reach a contract extension agreement following the team's championship victory. Towns, who played a crucial role in the Knicks' first title in 53 years, is eligible for a contract extension worth up to $272 million. However, analysts suggest a deal below the maximum is likely, due to considerations around aging players and financial flexibility. The specific terms might involve a starting salary near $45 million, similar to Rudy Gobert’s recent extension with Minnesota. Leon Rose, Knicks president and former agent for Towns, is expected to play a significant role in negotiations.

• 3:24 AMYahoo Sports — Knicks, Karl-Anthony Towns Predicted to Reach Surprising Deal