Knicks consider contract extension for Towns amid strong start

Yahoo Sports • 1 min read • Latest: Nov 8, 2026, 6:09 PM

Last updated Nov 8, 2026

Knicks consider contract extension for Towns amid strong start
Summary

The New York Knicks are evaluating a contract extension for Karl-Anthony Towns after his strong early season performance. Towns entered the season amidst contract discussions and has reportedly sought a four-year deal worth between $225 and $240 million. He has expressed disappointment over the Knicks’ previous offer but indicated a willingness to negotiate, even considering a pay cut to stay with the team. As Towns continues to excel and raise his market value, the Knicks may need to reassess their position, especially given their playoff ambitions and injury challenges from the current season.

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Status Watch
  • •Towns is performing at an All-NBA caliber early this season.
  • •His market value is rising, complicating extension negotiations.
  • •The Knicks face injury challenges while aiming to defend their championship.
  • •Towns may accept a pay cut to remain in New York.
Latest Updates
  • 6:09 PMYahoo Sports — Knicks may have no choice but to reward Karl-Anthony Towns with contract extension after hot start
What they're saying
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The New York Knicks are still trying to find their groove. However, the most consistent player so far is the one that came into the season with the most contract drama. If he continues his good play, the Knicks will have no choice but to pay him to keep him.

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