The New York Knicks announced Friday they are postponing contract extension negotiations with Karl-Anthony Towns and Josh Hart until later in the season, per ESPN. The organization said it will focus entirely on preparing for the upcoming campaign after winning last year's championship. Towns, a six-time All-Star who averaged 15.9 points and 10.6 rebounds in the Knicks' title run, has expressed frustration over the stalled talks, saying the team's offer has not come close to valuing him or keeping the roster together. The All-Star center is eligible for a deal worth over $276 million, though the Knicks' latest proposal was around $200 million over four years. Hart said he would prefer to reach an agreement but expressed doubts it will happen. The team is operating under spending constraints imposed by owner James Dolan's decision not to enter the second apron. With Brunson and Anunoby eligible for extensions next offseason, the Knicks face tough roster decisions while pursuing a repeat championship.