Karl-Anthony Towns, Timberwolves Agree to 4-Year, $224M Supermax Contract Extension

Karl- Anthony Towns has agreed to a four-year, $224 million supermax extension with the Minnesota Wolves, his agents said.

Towns' contract value will increase to $295 million over the next six years, according to his agent.

According to Chris Hine of the Star Tribune, Towns earned the right to a supermax extension after being named to the All-NBA third team.

The two years left on Towns' contract were up before the new contract was signed. He was going to be a free agent in twenty four years.

In his seventh NBA season, Towns led the Wolves to a 46-36 record and a playoff appearance in 2021.

They pushed the Memphis Grizzlies to six games before they lost in the first round.

The arrow points up for the young Wolves team, which also includes D'Angelo Russell.

Minnesota hadn't made the playoffs in four years before this season, but they seem to be there for the time being, especially with Towns.