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Timberwolves Sign All-NBA Center Karl-Anthony Towns to Multi-Year Contract Extension

Minneapolis/St. Paul – The Minnesota Timberwolves today announced the team has signed All-NBA center Karl-Anthony Towns to a multi-year contract extension. Per team policy, terms of the agreement were not released. 

“I couldn’t be prouder to continue my commitment to this franchise and community for years to come,” said Towns. “Minnesota has become my home and I am excited to continue making the fans proud to support the Timberwolves. My first seven years in the league, it has been an amazing journey. It all started with Flip Saunders taking a chance on me and now here we are. I look forward to all the achievements that are ahead for our team and the Timberwolves fanbase.” 

Towns, 26, has played all seven of his NBA seasons with Minnesota, appearing in 482 games (all starts), holding averages of 23.2 points on 52.7% shooting, including 39.7% from three, 11.3 rebounds, 3.1 assists and 1.4 blocks in 34.2 minutes per game. He finished the 2021-22 campaign ranked 11th in scoring (24.6 ppg), 14th in rebounding (9.8 rpg), 16th in field goal percentage (52.9%) and 17th in three-point percentage (41.0%). This year marked Towns' fourth season (2017-18, 2018-19, 2019-20 and 2021-22) averaging 20+ points on 50%+ shooting from the field and 40%+ from three per game, tying Kevin Durant for the most such seasons in the NBA since the three-point line was added in 1979. 

“Karl’s number 32 will one day hang in the rafters of Target Center and this contract extension represents how much he means to this franchise and community,” said Timberwolves President of Basketball Operations Tim Connelly. “He has done so much for the Timberwolves and I’m thrilled he’ll be back for many years to come.”  

“Karl will go down as one of the best players to ever wear a Timberwolves uniform and we can’t wait to see him back on the court this season and for seasons beyond,” said the Timberwolves Ownership Group. “We thank Karl for everything he’s done for our community and look forward to continuing to see his positive impact both on and off the court.”   

In Minnesota’s 149-139 win over the San Antonio Spurs on Mar. 14, Towns erupted for a career-high and franchise record 60 points on a career-high 19-of-31 shooting, including 7-of-11 from three-point range and 15-of-16 from the free throw line. Towns added a season-high-tying 17 rebounds, becoming the first player in NBA history to reach each of those numbers in a game. He became the first center with a 60-point game since Shaquille O'Neal (Mar. 6, 2000). 

Named a Western Conference All-Star for the third time in his career last season, Towns marked his third All-Star Game appearance on Feb. 20 in Cleveland with nine points, six rebounds and three assists. He became the first center to win the MTN DEW 3-point Contest on All-Star Saturday night, scoring an event record 29 points in the final round. Towns was also named Western Conference Player of the Week three times this season and marked the seventh time in his career that he has won the weekly award (April 11, 2016, Mar. 13, 2017, Nov. 20, 2017, Oct. 28, 2019, Dec. 20, 2021, Mar. 7, 2022 and Mar. 21, 2022). Towns trails only Kevin Garnett (15 times) for the most Player of the Week honors in Timberwolves history. 

Following his career season in 2021-22, leading the Wolves to the playoffs for the second time since 2004, the Piscataway, N.J., native was named to the All-NBA Third Team for the second time in his career (2018), becoming the third player in franchise history to be named to multiple All-NBA teams (Garnett, 8x and Love, 2x). Towns ranks first in club history in three-pointers made (779) while ranking second in points (11,170), rebounds (5,465), blocks (663), field goals made (4,130) and free throws made (2,131) and third in assists (1,486).  

Previously named a Kareem Abdul-Jabbar Social Justice Champion finalist by the NBA, Towns has been a mainstay in the Twin Cities community since he arrived in 2015, giving back on a variety of platforms. Since the onset of the COVID-19 pandemic he became a prominent advocate for vaccine education following the loss of his mother, Jacqueline Towns and worked closely with the NBA for the league’s vaccine PSA. In collaboration with Cue Health, Towns provided 100 COVID-19 testing kits to more than 50 schools in both New Jersey and Minnesota, and worked with Walgreens on their Get a Shot, Give a Shot campaign to promote flu shots and help ensure access to anyone who wants one via a $5,000 donation.   

In July 2021, Towns donated $20,000 to the George Floyd Memorial Foundation in partnership with JD Sports and attended rallies throughout the Minneapolis community. Towns continues to serve as a board member of the National Basketball Social Justice Coalition. Last year, Towns made a donation to Kean University in New Jersey to support programming for their women student athletes highlighting empowerment and internships and named the series in honor of his late mother. The campus court at Kean University is also named in her honor, the Jacqueline Towns Court. This year, Towns is a finalist for the 2022 Muhammad Ali Sports Humanitarian Award. 

MINNESOTA IS HOME | Karl-Anthony Towns Signs Contract Extension With Minnesota Timberwolves