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Home»Basketball»Knicks Notes: Where things stand on possible Karl-Anthony Towns extension
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Knicks Notes: Where things stand on possible Karl-Anthony Towns extension

News RoomBy News RoomAugust 10, 2026No Comments5 Mins Read
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Knicks Notes: Where things stand on possible Karl-Anthony Towns extension

We’ll know more about opening night of the Knicks season on Tuesday morning, when the NBA releases some of its games on Good Morning America.

I still expect the league to give you Knicks-Sixers on Ring Night. But before we get there, New York still has some business to settle.

Here are a few decisions the franchise needs to tackle between now and Opening Night:

FILL OUT ROSTER

The Knicks have 13 players under contract. They can carry as many as 21 players in training camp. So they have several roster spots to fill out.

The biggest opening is at center. New York needs to find a third-string center to replace Ariel Hukporti. To that end, the Knicks spoke to multiple teams about trades for big men under contract earlier in the offseason. One of those big men was New Orleans’ Karlo Matkovic, per league sources; nothing came to fruition. New York targeted Moussa Cisse as a restricted free agent, but Dallas matched the offer.

As you’d imagine, the Knicks have also been in touch with free agent centers who would fit the third-center profile. If they liked any of those centers enough to offer them a guaranteed contract, they probably would have done so already. So the most likely route here is to sign a couple of veteran bigs to training camp deals and let them compete for the third center spot. They would be able to add that veteran center and remain under the second apron in team salary.

EXTEND THE VETS?

Karl-Anthony Towns, Josh Hart, and Miles McBride are all eligible for veteran extensions. My buddy James Edwards III wrote recently in The Athetic that he doesn’t expect the Knicks to offer Towns a max extension. Towns is a forever Knick; his play in New York’s championship season will be celebrated for as long as the franchise exists. But I agree with Edwards on this: I don’t think the Knicks will offer Towns a max in extension talks.

Also, if I had to take a guess, the two sides will reach an agreement. Towns clearly loves New York. Maybe he can make more money with another team next summer (Towns has a $57 million salary this season and his contract has a $61 million player option for 2027-28).

But why would he leave? He won a timeless championship with his hometown team. Unless the Knicks make an insultingly-low offer to Towns, I think they get something done here.

If I’m using the recent Rudy Gobert extension as a baseline, I could see an extension for Towns starting around $45 million. By signing this kind of deal, Towns would obviously lose the opportunity to make more money as a 2027 free agent. But given all of the factors at play (the state of NBA economics, teams’ approach to the second apron, the Knicks’ title), there are reasons for Towns to play it safe and sign an extension.

Towns leaving New York also would hurt the Knicks. If Towns and the team can’t agree on a deal, New York would have to make a significant pivot to find another front-line center. So from the outside looking in, it seems like it makes sense for both sides to figure out a deal.

What about Hart? Similar to Towns, I could see the Knicks asking him to take less on his next contract in an effort to create future roster flexibility. What would Hart want to do? I have no idea. But if I had to guess, he wants to be in New York to see how the rest of the years with this core play out.

McBride’s situation is a bit different due to his contract. McBride is on one of the most team-friendly deals in the NBA. He should be looking for a significant raise on an extension. He’s earned it.

But can the Knicks extend Towns, Hart and McBride while also maintaining some roster flexibility? If they want to stay under the second apron, the answer is probably no. It would be very difficult to build out a roster with all of these new extensions on the books. Don’t forget, the Knicks, presumably, will also be signing Jalen Brunson to a major extension/free agency contract once the time comes. And Brunson has set the precedent for a Knick player taking less on an extension to help build the roster.

Another element of the conversation is owner James Dolan’s decisions on spending. Dolan said on WFAN before free agency that he would not exceed the second apron in team salary next season. Does that apply to the 2027-28 season as well? What about 2028-29? (As an aside: It is unclear if the second apron decision was Dolan’s alone or if it was made in conjunction with Leon Rose and the Knicks front office. If it was Dolan’s alone, that would be a shame because the Knicks’ fan base spends significant money to attend games. It’s worth noting on this that Dolan and Rose have made many important decisions together during Rose’s tenure)

One last note on the extensions: As Jeremy Cohen notes over at KnicksFilmSchool, any extension signed on August 12 or later will likely make that player untradeable at the 2027 deadline.

TWO-WAY SPOTS?

The Knicks have three open two-way spots. Jack Kayil won’t be taking one of them. There are reports that Tyler Nickel is considering going back to college, but, as noted last week, league sources say he is all-in on starting his pro career). If they sign Nickel to a two-way deal, the Knicks will have two other two-way spots to fill. With Trey Jemison III signing in Toronto, you would think the Knicks target a big man for at least one of those two-way spots.

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