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While Jimmy Butler appears on the way out of Minnesota, Karl-Anthony Towns is very much in.
Multiple reports have Towns agreeing to a five-year, $190 super-maximum contract extension with the Timberwolves, first reported by Adrian Wojnarowski of ESPN.
Leon Rose of CAA Sports, Towns’ agent, informed the team of Towns’ intention of signing the extension Saturday night. The Timberwolves have media day Monday and tip off training camp Tuesday.
“On June 25, 2015, I was drafted to and committed to the Minnesota Timberwolves,” Towns said in a statement. “On Sept. 22, 2018, I made a recommitment to the Wolves and have the same feelings of excitement that I felt back in 2015.
“I promise to the fans, my teammates and the organization to keep the vision of the man who drafted me, Flip Saunders, alive and treat his dream of winning with respect and dignity. To the fans from Day One and the Timberwolves fans, this is for you. Thank you for believing in me.”
Josh Eberley of HOOP Magazine reports the money the Timberwolves have committed to Towns and teammate Andrew Wiggins — $337 million — is the second-most in the NBA, behind only Oklahoma City committing $343 million to Russell Westbrook and Paul George.
Reports indicate the super-max extension allows for Towns to earn 30 percent of the Timberwolves’ salary cap if he can achieve one of the following:
* Reaching one of the three All-NBA teams.
* Being voted league Most Valuable Player.
* Being named NBA Defensive Player of the Year.
The 22-year-old Towns, the No. 1 overall pick of the 2016 draft out of Kentucky, has not missed a game in his three-year career. He carries career averages of 21.6 points, 11.7 rebounds, 2.4 assists and 1.4 blocks in 34.9 minutes in 246 games, shooting 54.3 percent from the field, 38.7 percent from deep and 83.6 percent from the free-throw line.
Last season, the 7-foot, 244-pounder averaged 21.3 points, 12.3 boards, 2.4 dimes and 1.4 rejections, with a shooting line of 54.5/42.1/85.8 in making the All-Star team for the first time.
He took to his Twitter account Saturday night, tweeting, “5 More,” along with a video montage of his career: