In a deal that cements him as the franchise’s long-term cornerstone, Minnesota Timberwolves All-Star center Karl-Anthony Towns has agreed to a five-year, $190 million super-maximum extension, league sources told ESPN.
Towns’ agent, Leon Rose of CAA Sports, informed the organization of Towns’ intention to sign the extension on Saturday night, sources said. The Timberwolves report for media day on Monday and begin training camp on Tuesday.
The super-max deal includes the ability for Towns to earn 30 percent of the Timberwolves’ salary cap with the fulfillment of reaching one of the three All-NBA teams, or being voted league MVP or Defensive Player of the Year this season.
Source: Adrian Wojnarowski of ESPN