Karl-Anthony Towns and Knicks Not Close on Contract Extension

New York Knicks star center Karl-Anthony Towns has indicated that he and the team are not close to reaching terms on a contract extension. Towns, who is eligible for a four-year, $277-million extension, stated that the Knicks' offer of four years and $200 million is 'well below the max' and that a deal ahead of the October 20 regular-season opener 'don't look good.'