Towns and Knicks stuck $76M apart on extension terms

Karl-Anthony Towns and New York remain far apart on an extension, with Yahoo Sports' Chris Haynes reporting the Knicks have offered four years and $200 million against a max worth $277 million.

Towns is reportedly willing to take less than max but not that much less, per Haynes, and it increasingly looks like he'll open the season without a new deal.

Towns himself said last week the situation doesn't look good, pointing to what he's already sacrificed to help New York chase a title. Some Knicks coverage has floated trade speculation if talks remain stuck, though nothing has been reported as active.

$200M · 4yr

+ 3 reports from 3 outlets

Sportando · 2hTowns willing to take a discount, but Knicks' $200M offer falls short

Heavy · 2hTowns willing to take below max, but Knicks still $77M apart

RealGM · 3hTowns and Knicks stuck $76M apart on extension terms

Karl-Anthony Towns

Related updates

Heavy ↗· 6 Oct 2026

Extension · NYK / GSW / LAL

★ MarqueeDeveloping

KAT extension stalls, Vanderbilt and Porzingis eyed as trade chips

Karl-Anthony Towns said talks with New York on a new deal are not close, after reports put the sides apart on money with the Knicks reportedly offering four years and $200 million against his $272 million max.

Bleacher Report ↗· 5 Oct 2026

Trade rumor · NYK

★ MarqueeDeveloping

Wizards, Warriors, Cavs floated as Towns trade fits amid KAT impasse

Karl-Anthony Towns and the Knicks remain stuck on a new deal, with New York reportedly offering $200 million, $77 million below his max. Towns pushed back publicly on the pace of talks, and Shams Charania has raised the possibility of a trade.

Bleacher Report ↗· 5 Oct 2026· updated 2d ago

Extension · NYK

★ MarqueeDeveloping

Towns, Hart could become trade bait if Knicks extensions stall

ESPN's Shams Charania reports Karl-Anthony Towns and Josh Hart could become trade candidates if they don't sign extensions before the February deadline. Towns is eligible for four years and over $276 million, Hart for four years and $131.2 million, but Charania says neither side is close.