Current Contract
New York Knicks
Contract Earnings Trend
Last 3 contracts
2024/27 Designated Veteran Extension
7 July 2022 - Karl-Anthony Towns signed 4-year (2024/27) Designated Veteran extension with Minnesota including player option for 2026/27 season. His total contract with worth $220.44 million (Fully Guaranteed) with annual average salary of $55.1 million/year. He was traded to New York Knicks from Minnisota in October 2024.
Contract Details
| Duration | Salary | Total | Team | Source |
|---|---|---|---|---|
| 4 years (2024/28) | $55.1M | $220.4M |
New York Knicks
|
Adrian Wojnarowski (X) |
Contract Breakdown (4 Years)
| Season | Team | Age | Base Salary | Option | Remaining |
|---|---|---|---|---|---|
| 2024-25 |
|
28 | $49,205,800 | $171,236,184 | |
| 2025-26 |
|
29 | $53,142,264 | $118,093,920 | |
| 2026-27 |
|
30 | $57,078,728 | $61,015,192 | |
| 2027-28 |
|
31 | $61,015,192 | PLAYER | $0 |
2019/23 Rookie Max Contract (Minnesota)
23 September 2018 - Karl-Anthony Towns signed 5-year (2019/23) Rookie Max extension with Minnesota worth $158.25 million full guaranteed. His average salary with this contract was $31.6 million/year.
Contract History and Career Earnings
| Years | Avg Salary | Total | Team | Source |
|---|---|---|---|---|
| 4 years (2024/28) | $55.1M | $220.4M |
New York Knicks
|
Adrian Wojnarowski (X) |
| 5 years (2019/24) | $31.7M | $158.3M |
Minnesota Timberwolves
|
Bobby Marks (X) |
| 4 years (2015/19) | $6.4M | $25.7M |
Minnesota Timberwolves
|
|
| Total Career Earnings | $404.4M | |||
| Years | Team | Avg | Total | Verified |
|---|---|---|---|---|
| 2024/28 |
New York Knicks
|
$55.1M | $220.4M | |
| 2019/24 |
Minnesota Timberwolves
|
$31.7M | $158.3M | |
| 2015/19 |
Minnesota Timberwolves
|
$6.4M | $25.7M | |
| Total | $404.4M |
Who Earns More?
Compare player salaries, contracts, and total earnings
KARL-ANTHONY TOWNS
New York Knicks • Center (C)
STEPHEN CURRY
Golden State Warriors • Point Guard (PG)
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