Karl-Anthony Towns Contract: Everything about NBA star’s salary breakdown for the Minnesota Timberwolves 

Minnesota Timberwolves center Karl-Anthony Towns is now playing his ninth season in the league. He is now one of the highest-paid players on his team and has signed a lucrative contract extension with the Timberwolves. Amid all the speculations regarding this player, exactly how much fortune is Karl-Anthony Towns making from his current contract?

Originally drafted by the Minnesota Timberwolves in the 2015 NBA Draft, Towns started his professional career with the franchise. He has since continued with the Timberwolves, evolving into one of the most integral members of their squad. Having signed one of the biggest NBA contracts in the history of the league, the talented center has to live up to the lofty expectations surrounding him. 

Now playing his ninth season with the franchise, exactly how much fortune is the 27-year-old making from his current NBA contract? Here’s a comprehensive breakdown of Karl-Anthony Towns’ contract and salary details.

Current Contract Breakdown

Karl-Anthony Towns is currently on his five-year contract worth $158,253,000. He signed the deal with the Minnesota Timberwolves in September 2018.

The center is now in the final season of the deal, which came with $158,253,000 guaranteed at signing and an average salary of $31,650,600 per year. For the current season, Towns will be making a base salary of $36,016,200 while carrying a similar dead cap and cap hit value per spot.

CONTRACT	AVG. SALARY	GTD AT SIGN	SIGNED USING	FREE AGENT
5 yr(s) / $158,253,000	$31,650,600	$158,253,000	Designated Rookie Extension/Bird	2024 / UFA

Karl-Anthony Towns has already signed a four-year designated player veteran extension with the Timberwolves in July 2022. The four-year contract is worth $222,656,000 with an average salary of $55,664,000 per year and is one of the most expensive contracts in league history.

The new contract which will come into effect from next season, has a player option for 2027-28, which needs to be activated before 29th June 2027. Karl-Anthony Towns will become an Unrestricted Free Agent in 2027.

CONTRACT	AVG. SALARY	GTD AT SIGN	SIGNED USING	FREE AGENT
4 yr(s) / $222,656,000	$55,664,000	$222,656,000	Designated Player Veteran Extension/Bird	2028 / UFA

Salary Breakdown

• Current Salary: $36,016,200
• Salary Per Month: $3,001,350
• Salary Per Week: $750,338
• Salary Per Game: $439,222
• Salary Per Quarter: $109,805
• Salary Per Minute: $9,150

Previous Contracts and Salaries

2015 – 2018

CONTRACT	AVG. SALARY	GTD AT SIGN	SIGNED USING
4 yr(s) / $25,720,035	$6,430,009	$11,663,760	Entry Level/Rookie

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