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 …
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