Karl-Anthony Towns’ next contract decision is already echoing back to Minnesota.
The Knicks big man is eligible for an extension, and with only one guaranteed year left on his deal - 2027-28 is a player option - the money conversation is getting loud. Ian Begley of SNY pointed to Rudy Gobert’s recent extension as a guide, writing, "If I’m using the recent Rudy Gobert extension as a baseline, I could see an extension for Towns starting around $45 million," Begley wrote.
"By signing this kind of deal, Towns would obviously lose the opportunity to make more money as a 2027 free agent. But given all the factors at play-the state of the NBA’s economics, teams’ approach to the second apron, and the Knicks’ title aspirations-there are reasons for Towns to play it safe and sign an extension."
That number would come in well below the max Towns could command. He’s eligible for a deal worth up to four years and $272 million, a far bigger figure than the roughly $45 million per year Begley floated.
And that’s where the Timberwolves angle comes in.
Minnesota signed Towns to a four-year supermax extension worth $220.41 million in the 2022 offseason, a contract worth 35 percent of the team’s salary cap. Once that deal was set to begin, the Wolves found themselves in a bind.
It wasn’t about Towns’ production so much as the reality of team-building in the apron era, where massive salaries can box a front office in. The Wolves had also just locked in Anthony Edwards to a major extension that started in 2024-25.
Not long after, Towns was moved on after a nine-year run in Minnesota.
The irony is obvious: if Towns had taken less money then, would the Wolves still have kept him?
That question is now resurfacing because of how Jalen Brunson handled his own extension. Brunson left money on the table by signing early to help the Knicks build a title-level roster, and the move has become a talking point as Towns weighs his own future. Fans in New York are hoping he follows that same path.
It’s worth noting that sacrificing that kind of money only recently became a real trend. Victor Wembanyama has also followed Brunson’s lead, and Towns could be next. If he does choose an extension below the max, the old Minnesota what-if will only get louder.
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There is still another date worth circling as the season picture comes into focus. Minnesota is also set to learn more about Kevin Garnetts jersey retirement celebration on Aug. 14, adding another layer to a year already loaded with attention. Between the NBA Cup group stage and quarterfinals, the Christmas showcase and the national TV slate, this is shaping up as one of the most visible Timberwolves seasons in franchise history, even before the opener arrives. [Read more 🡒]
