Reports: Knicks, Karl-Anthony Towns not close on extension

By Field Level Media Sep 24 (Field Level Media) Contract extension talks between Karl-Anthony Towns and the New York Knicks have stalled, with an agreement considered unlikely before training camp begins next ​week, according to multiple reports. The sides spent much of the ‌offseason discussing a new deal but have made little recent progress despite expressing mutual interest in continuing their partnership. Towns, 30, is eligible for an extension worth approximately $273 million over four years. He is scheduled to make $57 million this season and holds ‌a $61 ​million player option for 2027-28, which he could ⁠decline to become a free ⁠agent next summer. There is no immediate deadline for an agreement, meaning negotiations could continue during the season. The impasse comes three months after Towns helped New York capture its first NBA championship in 53 ​years. He averaged 15.9 points, 10.6 rebounds and 4.9 assists while shooting 55.1% from the field during the postseason, as the