Karl-Anthony Towns Contract

Last Modified Oct 29, 2024 09:58 GMT
Karl-Anthony Towns Contract
Karl-Anthony Towns

Karl-Anthony Towns popularly known among basketball fans as KAT, is the star center of the New York Knicks. Picked first overall in the 2015 NBA Draft, Towns made history by becoming the third-ever Kentucky player to be picked first overall. Towns has been an excellent basketball athlete since his early days, and by the time he joined St. Joseph High School, he was ready to showcase his potential. His exceptional defense and dominant displays of strength and athleticism on both ends of the floor helped the St. Joseph Falcons to win two state championships in 2012 and 2014.

After graduating from St. Joseph with an exceptional High School career, Towns committed to Kentucky to play under former NBA head coach John Calipari. In one season in college, Towns averaged 10.3 points, 6.7 rebounds, and an imposing 2.3 blocks a game. He also led the league in multiple areas of efficiency including true shooting percentage (62), win shares (6.4) blocks percentage (11.5), and more. 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. 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, KAT will earn a base salary of just over $49.20 million.

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

As per his 2024/25 season salary of $49,205,800, KAT will be raking in around $93.62 every minute this season.

Karl-Anthony Towns Career Earnings

After the end of the 2023/24 season, KAT would have earned over $182 million from his NBA contracts throughout nine seasons (including this season). However, KAT’s new contract will kick in from the 2024/25 season, which will take his career earnings to over $400 million by the time he becomes a free agent in 2028.

Karl-Anthony Towns Contract Terms

KAT 10% trade bonus in the contract which was activated when Towns was traded to the New York Knicks in the 2024 off-season.

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

The entire amount of KAT’s existing $220.44 million contract is fully guaranteed.

Karl-Anthony Towns Contract History

Towns signed his four-year $25 million rookie contract on July 7, 2015. In this, he received $11.6 million guaranteed for his initial two years, with the rest of the two-year $13 million being a club option. In September 2018, Towns agreed to a five-year, $158.25 million contract extension with the Timberwolves.

In July of 2022, KAT signed a whopping four-year $220.44 million supermax extension contract which will kick in from the 2024/25 season. As per reports, the deal is fully guaranteed with an annual average salary of $55.6 million and comes with a final-year player option.

Similar Pages

Alex Caruso
Alex Caruso Image
Alex Caruso
Kristaps Porzingis
Kristaps Porzingis Image
Kristaps Porzingis
Alex Ducas
Alex Ducas Image
Alex Ducas
Ousmane Dieng
Ousmane Dieng Image
Ousmane Dieng
Jrue Holiday
Jrue Holiday Image
Jrue Holiday
Jayson Tatum
Jayson Tatum Image
Jayson Tatum
Luguentz Dort
Luguentz Dort Image
Luguentz Dort
LeBron James
LeBron James Image
LeBron James
Nikola Jokic
Nikola Jokic Image
Nikola Jokic
Kevin Durant
Kevin Durant Image
Kevin Durant
Ben Simmons
Ben Simmons Image
Ben Simmons
Stephen Curry
Stephen Curry Image
Stephen Curry
Giannis Antetokounmpo
Giannis Antetokounmpo Image
Giannis Antetokounmpo
R.J. Barrett
R.J. Barrett Image
R.J. Barrett
Michael Porter Jr.
Michael Porter Jr. Image
Michael Porter Jr.

FAQs

A. KAT is 29 years old as of November 2024. He was born on November 15, 1995.

A. According to online sources, KAT’s net worth is estimated to be $70 million.

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

A. Up until the end of the 2023/24 season, Towns has averaged 22.9 points, 10.8 rebounds, 3.2 assists, and 1.3 blocks per game.

A. Towns has a rating of 88 for the NBA 2k25.

Related Stories

What happened to Kevin Durant? Latest injury update after exiting game vs Rockets (Mar. 30) What happened to Kevin Durant? Latest injury update after exiting game vs Rockets (Mar. 30)
What happened to Kevin Durant? Latest injury update after exiting game vs Rockets (Mar. 30)
"Can be a guy like a Jokic" - Vince Carter sees superstar potential in $224,237,860 youngster, boldly compares him to Nikola Jokic "Can be a guy like a Jokic" - Vince Carter sees superstar potential in $224,237,860 youngster, boldly compares him to Nikola Jokic
"Can be a guy like a Jokic" - Vince Carter sees superstar potential in $224,237,860 youngster, boldly compares him to Nikola Jokic
Is Jaylen Brown playing tonight against the Memphis Grizzlies? Latest on Celtics superstar's status (March 31) Is Jaylen Brown playing tonight against the Memphis Grizzlies? Latest on Celtics superstar's status (March 31)
Is Jaylen Brown playing tonight against the Memphis Grizzlies? Latest on Celtics superstar's status (March 31)
1d
Chet Holmgren hilariously reacts to viral picture that reminded NBA fans of him Chet Holmgren hilariously reacts to viral picture that reminded NBA fans of him
Chet Holmgren hilariously reacts to viral picture that reminded NBA fans of him
20h
"Cleveland a bad place": James Harden's girlfriend Paije Speights expresses frustration as Clippers playoff hopes take hit with crushing defeat "Cleveland a bad place": James Harden's girlfriend Paije Speights expresses frustration as Clippers playoff hopes take hit with crushing defeat
"Cleveland a bad place": James Harden's girlfriend Paije Speights expresses frustration as Clippers playoff hopes take hit with crushing defeat
1d
Steph Curry's drops 2-word comment to hype Min Woo Lee's Houston Open triumph Steph Curry's drops 2-word comment to hype Min Woo Lee's Houston Open triumph
Steph Curry's drops 2-word comment to hype Min Woo Lee's Houston Open triumph
1d
JJ Redick makes his feelings crystal clear on intention to coach Lakers for two decades: "I’m not moving my kids again" JJ Redick makes his feelings crystal clear on intention to coach Lakers for two decades: "I’m not moving my kids again"
JJ Redick makes his feelings crystal clear on intention to coach Lakers for two decades: "I’m not moving my kids again"
Boston Celtics vs Memphis Grizzlies Prediction and Betting Tips | March 31, 2025 Boston Celtics vs Memphis Grizzlies Prediction and Betting Tips | March 31, 2025
Boston Celtics vs Memphis Grizzlies Prediction and Betting Tips | March 31, 2025
1d
Dallas Mavericks Injury Report (March 31): Latest on Daniel Gafford and Dereck Lively II's status Dallas Mavericks Injury Report (March 31): Latest on Daniel Gafford and Dereck Lively II's status
Dallas Mavericks Injury Report (March 31): Latest on Daniel Gafford and Dereck Lively II's status
1d
Stephen A. Smith labels Zion Williamson a 'bust' for lack of availability Stephen A. Smith labels Zion Williamson a 'bust' for lack of availability
Stephen A. Smith labels Zion Williamson a 'bust' for lack of availability
13h
Sportskeeda logo
Close menu
WWE
WWE
NBA
NBA
NFL
NFL
MMA
MMA
Tennis
Tennis
NHL
NHL
Golf
Golf
MLB
MLB
Soccer
Soccer
F1
F1
WNBA
WNBA
More
More
bell-icon Manage notifications