Knicks unlikely to extend contract with Karl-Anthony Towns amid rumors
Yahoo Sports • 1 min read • Latest: Aug 10, 2026, 10:28 PM
Last updated Aug 10, 2026
The New York Knicks are expected to refrain from offering Karl-Anthony Towns a max extension, according to SportsNet New York. Towns, who has expressed a strong affinity for New York, could pursue better financial opportunities with another team next summer. He currently has a $57 million salary this season and a $61 million player option for 2027-28. Amid these discussions, Towns is anticipated to remain a key player in New York's ongoing championship aspirations.
- •Knicks reportedly won’t offer max extension to Towns.
- •Towns has a $57 million salary for the current season.
- •He has a $61 million player option for the 2027-28 season.
- •Speculation regarding his future in New York is ongoing.
- 10:28 PMYahoo Sports — But I agree with Edwards on this: I don’t think the …
"But I agree with Edwards on this: I don’t think the …
Sources
External linksOriginal reporting and copyright belong to the linked sources. SportsNewsReport.com aggregates and links — it does not republish full articles.
Related Stories
Last 14 days- NBA•Aug 11, 2026, 12:17 AMGiannis Antetokounmpo's international playing status revealed ahead of Greece's upcoming games
- NBA•Aug 10, 2026, 11:08 PMBlockbuster 4-Team Trade Proposal Lands Bulls 25-Year-Old Sharpshooter
- NBA•Aug 10, 2026, 11:06 PMNew York Knicks Star KAT Makes Touching Tribute to Mother Jackie
- NBA•Aug 10, 2026, 11:00 PMKawhi Leonard's second Raptors stint can be just as special if they're allowed to reunite
- NBA•Aug 10, 2026, 10:28 PMOne of those big men was New Orleans’ Karlo Matkovic,
- NBA•Aug 10, 2026, 8:30 PMDuke alum Kyrie Irving tops NBA 2K ratings in this unique category
