Details Of The Deal

Karl-Anthony Towns Signs Massive Contract Extension with Minnesota Timberwolves

Details of the Deal

Karl-Anthony Towns has signed a four-year, $221.088 million contract extension with the Minnesota Timberwolves. The deal includes an average annual salary of $55.272 million and is fully guaranteed.

Key Aspects of the Contract

• The contract went into effect immediately, starting with the 2023-24 season.
• Towns will earn $55.272 million in each season of the deal, with his salary increasing slightly each year.
• The contract gives Towns a full no-trade clause, giving him control over potential trades involving him.
• The extension makes Towns the highest-paid player in Timberwolves history.