Karl-Anthony Towns has agreed to an additional six-year contract deal with the Minnesota Timberwolves, keeping him with the team until 2028. To say that the Timberwolves have made a substantial commitment is an understatement.
Over the course of four seasons beginning in 2024-25, Towns will earn $224 million, after the $70 million he’s scheduled to earn in the next two seasons. A formal agreement was reached early on Friday morning. In accordance with NBA regulations, the two sides had to wait until midnight ET on July 1 to come to an agreement on a contract.
With the Minnesota club on the upswing, this was an easy decision to make. In 2021/22, when he was only 26 years old, Towns had a resurgence with the Timberwolves. The squad had been trapped in lottery-bound purgatory for three consecutive seasons previous to 2022, despite his stellar numbers.
What Karl-Anthony Towns thinks of staying with Timberwolves
While speaking with The Athletic‘s Jon Krawczynski, Timberwolves executive Tim Connelly hinted at this contract by telling him, “He’s special and deserves everything that is going to come his way.”
When asked about his contract status at the conclusion of the previous season, Towns was even more evasive: “I love this city, so obviously things will happen this summer. When they happen, they happen,” he said, mystifying what financially was a simple decision. “I’ve been here so long, I don’t like making prophecies. I’ll let it come if it comes. And if it comes, it comes, and then we will deal with it when it comes.”
