Karl-Anthony Towns Contract & Salary

Karl-Anthony Towns is on the books for $57,078,728 in 2026–27, the 1st largest cap hit on the New York Knicks roster and 25.8% of the team's $220.9M payroll.

That ranks 8th among the 444 players with a 2026–27 salary on the books, and eats 34.6% of the $165.0M salary cap.

The deal has 2 seasons left on it, running through 2027-28, worth $118,093,920 in guaranteed money.

The money climbs as it goes: $57,078,728 in the first year up to $61,015,192 in the last, a 7% rise across the deal.

Not every year is locked in: 2027-28 player option.

The option year belongs to the player, not the team — he decides whether to take the money or return to the market, so the team cannot count on it either way.

At 30, this contract runs through his age-31 season, so the back end lands after the usual peak.

No teammate earns more — he is the highest-paid player on the roster for 2026–27.

He is one of 14 players on the New York Knicks' books for 2026–27, whose 2026–27 salaries add up to $220,861,653.

New York Knicks sit at $220.9M in payroll and are currently classified Tax Payer, with -$11.8M of room below the first apron.