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Karl-Anthony Towns Willing To Take Pay Cut For Knicks

NEW YORK — Karl-Anthony Towns told Malika Andrews of ESPN that he’s willing to take less money to remain with the New York Knicks. The Knicks, who won the championship last season against the San Antonio Spurs, have offered Towns…

Published: Tuesday, 20 October 2026 at 9:11 PM
Karl-Anthony Towns Willing To Take Pay Cut For Knicks
Key Things to Know
  • Karl-Anthony Towns said he is willing to take a pay cut to remain with the New York Knicks.
  • The Knicks have reportedly offered Towns a four-year contract worth $200 million.
  • Towns expressed disappointment after the Knicks paused extension negotiations until later in the season.
The Story in 60 Seconds

Karl-Anthony Towns revealed he is willing to take less money to stay with the New York Knicks to help keep the team's core together. The Knicks have offered Towns a four-year, $200 million deal, but Towns noted that receiving a maximum contract was never his priority following their championship season.

Despite his willingness to take a discount, Towns expressed disappointment regarding the Knicks' announcement on October 9 pausing contract extension talks until later in the season. Eligible for an extension alongside teammates Josh Hart, Miles McBride, and Tyler Kolek, Towns stated the roster will now shift focus directly to basketball.

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