Overview
- The Knicks announced on Friday that they will not negotiate contract extensions for extension‑eligible players until later in the 2026‑27 season to keep focus on defending the title.
- Karl‑Anthony Towns said he was surprised and “very disappointed” by the move and confirmed talks had been far apart before the pause.
- Josh Hart said he is not overly stressed and will concentrate on the season while acknowledging the uncertainty can be distracting at times.
- Reports say the Knicks offered Towns about four years and roughly $200 million while he is eligible for a projected four‑year, $276 million maximum, and owner James Dolan’s directive to avoid the second apron is constraining offers and roster plans.
- A key contractual deadline is Oct. 19 for Towns to decline his $61 million player option if he wants eligibility for an in‑season extension, and the club could revisit deals during the season, make moves at the February trade deadline, or return to negotiations next offseason.