Following his championship win, Karl-Anthony Towns entered contract extension talks expecting smooth negotiations. Towns is willing to accept less than the $277 million maximum available over four years but said discussions with the Knicks have stalled, per New York Post. The team offered approximately $200 million — roughly $77 million below the maximum — while managing salary cap constraints tied to upcoming extensions for Jalen Brunson and others. Towns expressed frustration about the significant gap between what he views as reasonable and the Knicks' proposal. Josh Hart and Miles McBride are seeking new contracts too, though all three players show little negotiating progress before the June deadline.