Karl-Anthony Towns Contract

Last Modified May 10, 2025 14:33 GMT
Karl Anthony Towns Contract
Karl-Anthony Towns during a New York Knicks vs. Detroit Pistons match

Karl-Anthony Towns Jr. is a Dominican-American professional basketball player who plays center for the New York Knicks as of May 2025. He was picked first overall in the first round of the 2015 NBA Draft. Towns made history by becoming the third-ever Kentucky player to be picked first overall. Towns joined St. Joseph High School, where he averaged 20.9 points, 13.4 rebounds and 6.2 blocks per game during his senior season. He helped the St. Joseph Falcons to win two state championships in 2012 and 2014.

After graduating from St. Joseph, Towns committed to the University of Kentucky to play under former NBA head coach John Calipari. In one season in with the Kentucky Wildcats men's basketball team, Towns averaged 10.3 points, 6.7 rebounds, and 2.3 blocks per game as per his college roster. By the end of the season, Towns won the SEC Rookie of the Year award and received selections for the 2014-15 All-SEC first team and All-SEC freshman team.

Karl-Anthony Towns' Contract Breakdown

YearBase SalarySigning BonusCap HitDead CapYear Cash
2024-2025$49,205,800-$49,205,800-$49,205,800
2025-2026$53,142,264-$53,142,264-$53,142,264
2026-2027$57,078,728-$57,078,728-$57,078,728
2027-2028$61,015,192-$61,015,192-$61,015,192

How much is Karl-Anthony Towns getting paid?

Karl-Anthony Towns is in his first year of the four-year $220,441,984 contract (Designated Veteran Extension) as of May 2025. Signed in July 2022, the contract includes $220.44 million guaranteed and an annual salary of approximately $55.11 million. For the 2024-25 NBA season, Towns will earn a base salary of just over $49.20 million. (via Spotrac)

How much does Karl-Anthony Towns make in a minute?

Karl-Anthony Towns's salary will be $49,205,800 in the 2024/25 NBA season. In a year, there is approximately 525,600 minutes. Towns will earn $93.62 every minute this season as of May 2025.

Karl-Anthony Towns Career Earnings

As of May 2025, Karl-Anthony Towns has career earnings of $231,525,020 (via Spotrac).

Also Read: How many rings does Karl-Anthony Towns Rings Have?

Karl-Anthony Towns Contract Terms

Karl-Anthony Towns will earn a 10% trade bonus in the contract. It was activated when Towns was traded to the New York Knicks in the 2024 off-season (via Spotrac).

How much of Karl-Anthony Towns’ Contract is guaranteed?

The entire amount of Karl-Anthony Towns' existing $220,441,984 contract is fully guaranteed.

Karl-Anthony Towns Contract History

Minnesota Timberwolves

On July 7, 2015, Karl-Anthony Towns signed a two-year contract with the Minnesota Timberwolves worth $11.66 million.

Minnesota Timberwolves

On September 23, 2018, Towns agreed to a five-year contract extension worth $158.25 with the Timberwolves.

Minnesota Timberwolves

On July 7, 2022, Karl-Anthony Towns signed a four-year, $220.44 million Designated Veteran Player extension with the Timberwolves.

New York Knicks

On October 2, 2024, Towns was traded to the Knicks.

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FAQs on Karl-Anthony Towns

A. Karl-Anthony Towns is 29 years old as of May 2025.

A. Karl-Anthony Towns is 7 feet 0 inches (2.13 m) tall.

A. KAT has an impressive wingspan of 7 feet 4 inches.

A. Karl-Anthony Towns is dating Jordyn Woods as of May 2025.

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