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Knicks Put Karl-Anthony Towns Trade on Table as $276 Million Extension Talks Stall

Knicks Put Karl-Anthony Towns Trade on Table as $276 Million Extension Talks Stall
World Sports · 00:12:53 - Wednesday, 11 November 2026

The New York Knicks have reportedly placed Karl-Anthony Towns on the trade block after contract extension negotiations stalled. The All-Star center was eligible for a supermax extension worth approximately $276 million, but talks between the two sides have broken down, prompting New York to explore trade options for the four-time All-Star.

Towns, 31, has three years remaining on his current contract with the Minnesota Timberwolves before a player option for the 2027-28 season. The Knicks' interest in acquiring the versatile big man has been documented throughout the offseason, but the stalled extension talks have accelerated trade discussions.

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