Knicks' Karl-Anthony Towns gets $240M contract update from NBA insider as season kicks off
The New York Knicks and Karl-Anthony Towns were the talk of the NBA before the season began and for the wrong reasons. With the regular season starting, it is now known want money Towns is asking for.
New York Knicks center Karl-Anthony Towns has reportedly sought a contract extension worth between $225 million and $240 million, according to NBA insider Brett Siegel. Despite this figure, the Knicks had decided to postpone all contract talks until after the season commenced in order to avoid any distractions. Towns expressed his desire to remain with the club, stating, "I've made it known I want to play here; I've been a fan since I was young.
I would like to get one done, of course." However, negotiations broke down as the two sides couldn't agree on a pay cut Towns was willing to accept. The center has previously indicated he would be open to a pay reduction, but the Knicks ultimately declined to offer him the full $240 million, leading to his dissatisfaction.
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