Knicks likely will not offer Towns max extension amid trade speculation

Karl-Anthony Towns is reportedly unlikely to sign a max extension with the New York Knicks. Though Towns played a significant role in their recent championship win, the Knicks management may not offer the four-year, $272 million contract despite his eligibility. With Towns set to make $57 million next season and the potential for a $61 million player option, the Knicks have leverage. Speculation surrounds a possible trade if Towns feels dissatisfied with the contract negotiations, though the team hopes to retain him by offering a more manageable four-year, $180 million deal instead.

• 2:04 PMYahoo Sports — NY Knicks Insider Reveals Decision on Karl-Anthony Towns Extension: Is a Trade Out of NYC Now Inevitable?