Free extension for sports fans
Advertisement
Advertisement

Knicks Put Karl-Anthony Towns Trade ‘on the Table’ Amid Stalled Extension Talks

The New York Knicks may have paused discussing a contract extension with Karl-Anthony Towns, but that doesn’t mean they’re not planning for multiple outcomes.Towns, 30, is eligible to sign a four-year extension worth approximately $276 million. Unfortunately for the Knicks…

Published: Saturday, 7 November 2026 at 9:39 PM
Knicks Put Karl-Anthony Towns Trade ‘on the Table’ Amid Stalled Extension Talks
Key Things to Know
  • The Knicks have reportedly put a trade on the table for Karl-Anthony Towns amid stalled contract extension talks.
  • Towns is eligible for a four-year extension worth roughly $276 million but turned down an initial $200 million offer.
  • Towns can opt out of his contract after this season via a player option to become an unrestricted free agent.
The Story in 60 Seconds

The New York Knicks have reportedly placed a trade on the table for Karl-Anthony Towns if extension negotiations remain stalled and he considers departing. Towns is eligible for a four-year extension worth roughly $276 million, but talks are complicated by owner James Dolan's reported mandate to avoid the second luxury tax apron. Towns reportedly rejected a four-year, $200 million offer earlier this summer that would have represented a significant pay cut.

Towns holds a player option for the final season of his contract, meaning he could potentially test unrestricted free agency. The Knicks also face looming extensions for Josh Hart and Jalen Brunson. Furthermore, league executives suggest Jalen Duren's recent $200 million deal with the Detroit Pistons has established a market benchmark that Towns will expect to exceed in any new agreement.

Advertisement

Never Miss a Sports Update

Get the latest sports news and top stories from MySportsTab delivered straight to your inbox.

No spam. Just the latest sports news and updates.