Karl Anthony Towns Net Worth

Contracts, Career Earnings and Salary

Karl-Anthony Towns is one of the highest-paid players in the NBA, and his 2022 supermax extension solidifies his financial security for the foreseeable future. By the time he’s done with the supermax contract he will have earned close to $400 million in NBA salary. Below is a summary of his most notable contracts:

He signed a 4-year, $25 million rookie contract in 2015. The first two years were guaranteed for $11.6 million, with the remaining two being a club option. In 2018 he signed a 5-year $158 million extension. In July 2022 he signed a 4-year $224 million extension that began in the 2024 season. His annual salary with the extension will average $56.05 million, one of the highest in the league. There’s also a player option for the final year in 2027-28.