Karl-Anthony Towns Agrees to 5-Year, $190 Million Extension With T-Wolves

Towns confirmed the report in a statement: “To the fans from Day One and the Timberwolves fans, this is for you. Thank you for believing in me.”

Karl Anthony Towns
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Karl Anthony Towns

Good news, Timberwolves fans: Karl-Anthony Towns won't be leaving the franchise anytime soon.

According to ESPN’s Adrian Wojnarowski, the All-Star center has agreed to a five-year, $190 million super-maximum extension with Minnesota. The news arrives amid uncertainty around Jimmy Butler’s future with Minnesota.

Towns had one year left on his $25.7 million rookie contract that he inked in 2015 when Minnesota selected him with the first overall pick. ESPN points out Town’s extension allows him to earn 30 percent of the team’s salary cap “with the fulfillment of reaching one of the three All-NBA teams, or being voted league MVP or Defensive Player of the Year this season.”

The 22-year-old athlete confirmed the agreement in a statement to ESPN on Saturday night:

On June 25, 2015, I was drafted to and committed to the Minnesota Timberwolves. On September 22, 2018, I made a recommitment to the Wolves and have the same feelings of excitement that I felt back in 2015.

Good news, Timberwolves: Karl-Anthony Towns isn’t leaving the franchise anytime soon.

According to ESPN’s Adrian Wojnarowski, the All-Star center has agreed to a five-year, $190 million super-maximum extension with Minnesota. The news arrives Jimmy Butler’s uncertain future with the team.

Minnesota will open their preseason schedule Sept. 29 against the Golden State Warriors. 

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