Perkins says peer deals will shape Towns extension value

A decision could establish his contract path beyond 2027-28.

Wire Report IntelligenceUpdated Jul 311 min read

"I'm pocket-watching and seeing what other guys around the league got." @KendrickPerkins shares his insight on what a p Via @ESPNNBA on X

What happened: Kendrick Perkins said he is comparing contracts across the NBA to assess a potential extension for Karl-Anthony Towns. Towns is eligible for a four-year deal worth up to approximately $272 million.

Why it matters: Towns is due about $57.1 million in 2026-27 and holds a roughly $61 million player option for 2027-28. Any extension would define his long-term contract structure before that option year.

By the numbers: A $272 million extension would average $68 million per season, about 19% above Towns’ scheduled 2026-27 salary.

What to watch: Watch for formal terms as the 2026-27 season approaches.

Sources

@ESPNNBA 2026-07-31T20:14:52.315490+00:00

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Perkins says peer deals will shape Towns extension value

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