September 23, 2018 11:38 AM
KSTP Sports has confirmed Timberwolves star Karl-Anthony Towns is accepting a 5-year, $190-million contract extension to remain with the Minnesota Timberwolves.
A source with knowledge of the negotiation confirmed the news to KSTP Sports' Darren Wolfson. It was first reported by ESPN's Adrian Wojnarowski.
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 5-year, $190M super-maximum extension, league sources tell ESPN.— Adrian Wojnarowski (@wojespn) September 23, 2018
Towns' acceptance was delivered to the Timberwolves Saturday night.
The "super-maximum" offer is the most the Timberwolves could offer Towns under the current NBA Collective Bargaining Agreement.
Towns released a statement saying: "On June 25, 2015, I was drafted to and committed to the Minnesota Timberwolves. On September 22, 2018, I made a recommitment to the Wolves and have the same feelings of excitement that I felt back in 2015.
"I promise to the fans, my teammates and the organization to keep the vision of the man who drafted me, Flip Saunders, alive and treat his dream of winning with respect and dignity. To the fans from Day One and the Timberwolves fans, this is for you. Thank you for believing in me."
The Timberwolves drafted Towns with the #1-pick in the 2015 Draft. He was an All-Star last season and was the league's Rookie of the Year in 2016. He averaged 21 points and 12 rebounds last season.
Karl-Anthony Towns has agreed to a 5-year, $190M super-maximum extension with the Timberwolves, according to @wojespn— ESPN Stats & Info (@ESPNStatsInfo) September 23, 2018
In the last 30 seasons, only Shaquille O'Neal (188) has more double-doubles in the first three seasons of his career than Towns' 182. pic.twitter.com/LfZ2nT00mx
News of the extension comes amid a torrid week for the team after Jimmy Butler's trade demand went public.
Butler, who has expressed frustration in the past with the younger players on the team, told the team Tuesday he wants to be dealt to the New York Knicks, Los Angeles Clippers or Brooklyn Nets.
The Timberwolves begin training camp on Tuesday.
Updated: September 23, 2018 11:38 AM
Created: September 22, 2018 08:03 PM
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