Karl-Anthony Towns, Minnesota Timberwolves agree to 4-year, $224 million supermax extension

12:11 a.m. ET

• Tim BontempsESPN

Minnesota Timberwolves star Karl-Anthony Towns has agreed to a four-year, $224 million supermax extension, his agent Jessica Holtz of CAA Basketball told ESPN’s Adrian Wojnarowski.

The deal begins with the 2024-25 season and brings Towns’ total contract value up to six years and $295 million.

Towns, 26, the No. 1 pick out of Minnesota in 2015, has developed into one of the league’s most dominant offensive big men during his eight years in Minnesota. He averaged 24.2 points and 9.6 rebounds per game this past season while shooting over 50% from the field, 40% from 3-point range and 80% from the foul line.

That, combined with Minnesota making the playoffs for the second time in Towns’ NBA career, helped the 6-foot-11 big man earn a third-team All-NBA selection, making him eligible for this super-max extension.

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The decision to extend Towns became a public show of support for the team’s star by new president of basketball operations Tim Connelly, whom Minnesota hired from the Denver Nuggets last month.

Now that Towns is on the roster through 2028, Connolly and coach Chris Finch can continue to build the roster around the team’s two young stars: Towns and second-year guard Anthony Edwards.

Their combined growth this season has helped Minnesota to the seventh seed in the West and a first round matchup with the Memphis Grizzlies after the team’s game win against the LA Clippers. The Timberwolves lost to Memphis in a tough six game series.

Minnesota now enters this free agency period with real momentum behind it thanks to the presence of Towns and Edwards on the roster, Connelly as the new head of basketball operations and new owners Mark Lorre and Alex Rodriguez as the Timberwolves continue to figure out what the next build looks like to their team.

So far this offseason, Minnesota has agreed to a two-year, $16 million extension with forward Taurean Prince, keeping him with the Timberwolves moving forward. They also agreed to a two-year, $18 million deal with small forward Kyle Anderson, his agents Tad Fouche and Joe Smith of Wasserman Basketball told Wojnarowski.