Knicks Not Discussing Karl-Anthony Towns Contract Extension

Karl-Anthony Towns had a strong inaugural season with the New York Knicks in 2024-25, averaging 24.4 points, 12.8 rebounds, and earning his fifth All-Star selection. Despite his performance, the Knicks have not engaged in contract extension talks with Towns, who is entering the second year of a four-year, $220 million deal originally signed with Minnesota. ESPN insiders Brian Windhorst and Tim Bontemps indicate this lack of discussions is less about Towns' value and more about the large remaining salary and contract structure, which poses challenges for potential trades. Comparisons have been made to Rudy Gobert's situation, who was traded while under a hefty contract, rather than Devin Booker's early extension with the Suns. The Knicks recently extended Mikal Bridges but appear to be weighing options with Towns, either riding out the current core or considering a trade. Towns remains under contract through at least the 2026–27 season, including a player option for 2027–28, making his future with the Knicks uncertain despite his strong contributions.