“We expect nothing but greatness from ourselves,” Karl-Anthony Towns once said, and he has lived up to that statement throughout his NBA career.
Now wearing a New York Knicks jersey, Towns has been a major force alongside Jalen Brunson and has helped New York race to a 20-9 record. With that in mind, let’s take a closer look at Towns’ contract, salary and net worth.
A Look at Karl-Anthony Towns’ Salary and Career Earnings
Towns entered the NBA in 2015 after being selected first overall by the Minnesota Timberwolves in that year’s NBA Draft. Not long after, he signed his rookie contract, a four-year deal worth $25.7 million.
From the beginning, Towns showed he was built to be a franchise centerpiece. He went on to spend nine seasons with the Timberwolves, from the 2015-16 season through the 2023-24 campaign.
During his time in Minnesota, Towns delivered several elite statistical seasons. In 2019-20, he averaged 24.4 points, 12.4 rebounds, and 3.4 assists per game. He also produced strong all-around numbers in 2016-17, when he posted 25.1 points and 12.3 rebounds per game. These performances firmly established him as one of the league’s best big men.
For those performances, the Timberwolves rewarded Towns with a massive contract, a four-year, $220,441,984 supermax extension signed in 2022. The deal began in the 2024-25 season and runs through the 2027-28 season. However, before the extension officially began, Minnesota made a shocking decision. In late September 2024, just ahead of the 2024-25 season, Towns was traded to the New York Knicks.
Towns wasted no time making his mark in New York.
In his first season with the Knicks, he delivered several historic performances. In January 2025, after a 119-103 win over the Utah Jazz, Towns became only the second Knicks player in the past 34 years to record multiple games in a single season with at least 30 points and 20 rebounds. The only other player to accomplish that feat was Hall of Famer Patrick Ewing.
As of the 2025-26 season, Towns is in the second year of his four-year supermax deal. He is expected to earn $53,142,264 this season with the Knicks.
On the court, he is averaging 22.3 points, 11.7 rebounds, three assists, 0.9 steals, and 0.7 blocks per game. He is also shooting 47.7% from the field, 36.0% from 3-point range and 86.3% from the free-throw line.
Off the court, Towns has also thrived. According to Celebrity Net Worth, his personal net worth is estimated at around $100 million. He has endorsement deals with major brands such as Nike, Gatorade, YouTube, 2K Sports, T-Mobile, Beats by Dre, Secretlab, and Luminosity, and has appeared in commercials for Foot Locker.
At every stage of his career, Towns has proven his worth. Now in New York, he continues to back up his words with his play.
