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.