James L. Edwards III of The Athletic is confident that the Knicks‘ front office will offer Karl-Anthony Towns an extension this offseason, but he doesn’t expect New York to put a maximum-salary contract on the table for the big man. A full max deal for Towns would be worth a projected $272.8MM over four seasons, beginning in 2027/28.
As Edwards outlines, Towns has done everything he reasonably could to prove worthy of a max contract since being acquired from Minnesota ahead of the 2024/25 season. He has been an All-Star in each of his two years with the Knicks, appeared in 147 of 164 possible regular season games, and averaged 22.2 points and 12.3 rebounds per contest. He was also an indispensable contributor during New York’s title run after adjusting to a new offensive role under head coach Mike Brown in ’25/26.
Still, Towns will be entering his age-31 season and the Knicks’ team salary is getting increasingly expensive, so a max deal for Towns would carry significant risk and would compromise the team’s spending flexibility moving forward, Edwards observes.
Because Towns holds a player option for 2027/28, he’ll remain extension-eligible throughout the season. If he and the Knicks don’t reach a new deal before opening night, he’d have to decline that ’27/28 option and replace it with the first year of a new deal in order to extend during the season.
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