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Karl-Anthony Towns on Knicks tabling contract extension talks: 'It was news to me'

Towns and the Knicks remain far apart on a potential contract extension.

The New York Knicks management decided to put a hold on contract extension discussions with Karl-Anthony Towns and Josh Hart. Towns learned about this surprising news from James Edwards of The Athletic. The veteran New York roster is determined to stay professional and focused on the court, rather than getting distracted by contract talks.

The team has four players eligible for extensions, but Towns and Hart are the ones garnering attention. Towns, eligible for a four-year, $276 million extension, is open to taking a discount to aid the team, but not as big a reduction as the Knicks had in mind. New York reportedly offered four years, $200 million, with an average of $50 million per season, a significant pay cut from the $57.1 million Towns will earn this season.

Towns feels he deserves a hefty contract, having averaged 20.1 points and 11.9 rebounds per game in the previous season and playing a crucial role in the Knicks' NBA championship victory. The Knicks, however, are prioritizing the upcoming season and fan satisfaction, postponing contract negotiations until later in the year.

Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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