Towns Wants Knicks Stay but Sees Pay Cut as Unreasonable

Karl-Anthony Towns says he wants to remain with the New York Knicks and is willing to accept less than his maximum contract, but he considers the pay cut the team is seeking unreasonable, according to a report of his position. No extension agreement has been announced, leaving negotiations unresolved as the Knicks prepare for the season. Towns addressed his future at the team’s media day on September 28, saying he would like to reach an extension and feel comfortable entering the season. Asked whether he was comfortable continuing talks after games begin, he said there was no comfort in that situation. His remarks expressed a preference to stay, but did not indicate that a deal had been reached or that he would accept any particular terms. ESPN’s Malika Andrews reported that Towns is open to taking a pay cut but views the reduction requested by New York as unreasonable. The report did not provide an offer confirmed by the Knicks or a response from the team. Separately, Bleacher Report’s Jake Fischer reported that New York would prefer a four-year contract worth $200 million.