Knicks Pause Extension Talks With Towns and Hart as Second Apron Looms
The New York Knicks have decided to table any Karl-Anthony Towns Knicks contract extension talks, along with negotiations for Josh Hart, until later in the season. A team spokesperson told ESPN’s Shams Charania that no extension negotiations will take place until later in the season, a stance that has left Towns disappointed, according to sources.
Towns learned of the decision on Sunday, and he said it was news to him. He expressed disappointment but acknowledged it is business, adding that on-court business remains.
Why the Knicks are waiting
The Knicks want to stay below the second apron, a critical salary-cap threshold that restricts roster-building flexibility. Bobby Marks has said scenarios were presented to keep the Knicks under the second apron in 2027-28. That target season is central to the team’s planning.
New York had a successful previous season, but the roster could become an issue as players seek new contracts. The Knicks do not want extension talks to distract from the upcoming season, which is about to begin. Their focus, as stated in a team statement, is on the upcoming season and championship contention.
Towns’ stance on a pay cut
Towns wants an extension. He may accept a pay cut, but not a significant one. The exact amount he would accept is unknown, as are the specific terms of any proposed extension. For now, no formal negotiations are taking place.
Hart also affected
Josh Hart is in the same situation. The Knicks are also working on an extension for Hart, but those talks are on hold as well. Both Towns and Hart are represented by CAA, which adds another layer to the ongoing discussions.
Owner’s reported reaction
Stefan Bondy reported that Towns’ Monday comments irked Knicks owner James Dolan. The Knicks released a statement after those comments, emphasizing the team’s focus on the season. The full details of Dolan’s reaction are not known.
As the season progresses, the situation will be monitored. Whether Hart will sign an extension, when negotiations will resume, and how the second apron strategy affects the roster remain open questions.
Post Comment