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In the midst of the drama surrounding Jimmy Butler's future, Timberwolves fans can at least breathe a little: Karl-Anthony Towns will be part of the Timberwolves for a while.
The cities have accepted a designated rookie extension with the team for five years and about $ 190 million a confirmed source at the Star Tribune on Saturday night. Towns is entering the final year of his rookie contract, but will be in Minnesota for the long term after agreeing to Saturday's deal.
There was some uncertainty as to whether the cities will sign the agreement by the October 15th deadline or become a restricted free agent. The relationship of the cities with Butler is tense, but even if the Wolves did not exchange Butler, the Towns still signed its extension. The Wolves had a leverage effect in the deal because the Towns would only become a restricted free agent after the next season if it did not sign before October 15th and the Wolves would have matched any maximum contract offer from another team. – and this offer would have been lower than the $ 190 million that wolves could offer cities. It was therefore wise for cities to sign the maximum extension, which has been on the table for weeks.
Towns tweeted "5 More" on his Twitter page shortly after the release of the ESPN agreement, as well as a video highlighting some of his best roles in a wolf uniform.
Cities posted an average of 21.3 points per game last season, as it helped the Wolves reach their first playoff appearance since 2004. The Wolves chose it with the first overall pick in the the NBA 2015. The Towns were named third team of the NBA last season, which constitutes an important exploit for the next contract of Towns. By being named to an NBA team, the Wolves were able to offer the cities a contract up to 30% of the salary cap under the designated rookie provision. Percentage of the capitalization's he was named in an NBA team in the season before signing his extra time. Otherwise, the player could only win 25% of the ceiling.
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