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Karl-Anthony Towns confirms he's willing to take less money from Knicks amid halted contract extension talks
Photo via CBS Sports
NBA

Karl-Anthony Towns confirms he's willing to take less money from Knicks amid halted contract extension talks

October 20, 2026

The New York Knicks face an uncertain offseason as contract extension talks with star center Karl-Anthony Towns have stalled, with the team halting negotiations before the 2023-24 season began. Towns, who has been a vocal advocate for keeping the team’s core together, made it clear in recent comments that he is willing to accept a deal below the maximum salary to prioritize stability over personal earnings.

His remarks come after the Knicks abruptly paused discussions with Towns, their first priority among pending extensions, leaving the future of the franchise’s key players in limbo. The situation adds pressure ahead of the team’s season opener, where Towns will receive his championship ring alongside teammates before facing the Philadelphia 76ers in a matchup that underscores the stakes of unresolved contract talks.

Towns emphasized during a conversation with ESPN that his focus has always been on preserving the team’s unity, dismissing any consideration of a max contract as irrelevant to his goals. His stance aligns with that of teammate Jalen Brunson, who famously took a significant pay cut in his last deal to stay with the Knicks.

While Brunson expressed hope for a resolution, the team’s reported reluctance to bridge the financial gap has left Towns’ long-term future with New York in doubt, raising questions about the franchise’s ability to retain its core players amid league salary constraints.

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