These days, every good NBA player is up for a huge payday once they’re past their rookie contract and have proven themselves as a force to be reckoned with. As for the specific case of young Timberwolves center Karl-Anthony Towns, here’s the St Paul Pioneer Press reporting:
Karl-Anthony Towns’ potential pay day just got a little bigger.
Towns, who’s eligible to sign an extension this summer, can now earn up to $188 million on a five-year extension after earning All-NBA honors on Thursday, per ESPN’s front office insider Bobby Marks.
The extension would come into effect at the start of the 2019-20 season. Minnesota signed Andrew Wiggins to a five-year, $146 million max extension last offseason. The All-NBA honors mean Towns can make up to 30 percent of the Wolves’ salary cap, which is higher than the extension for which Wiggins was eligible.