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    • $49.2 million

      • The Timberwolves' payroll for the 2024-25 season is $192,682,283, exceeding the league's second tax apron of $182.8 million. Karl-Anthony Towns is set to earn $49.2 million in 2024-25, with his salary increasing in subsequent years.
      bvmsports.com/2024/06/26/minnesota-timberwolves-financial-dilemma-keeping-karl-anthony-towns-amidst-rising-costs/

      Minnesota Timberwolves Financial Dilemma: Keeping Karl ...

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  4. bleacherreport.com › articles › 10126158NBA Trade Rumors: Wolves 'Hope to Hang Onto' Karl-Anthony ...

    3 days ago · Lowe reported Wednesday that "the Wolves hope to hang onto Karl-Anthony Towns despite tax concerns, sources said." ... That figure is well ahead of the $141 million salary cap and fairly close to ...

  5. basketball.realgm.com › wiretap › 275957Karl Anthony Towns Confident Hell Remain With Wolves Next ...

    Jun 3, 2024 · Karl-Anthony Towns' salary for the 24-25 season will jump to $49 million as he begins his supermax contract. Towns has an uncertain future with the Wolves, but he would like to remain with the franchise. The Wolves face a mounting luxury tax bill that will be difficult for them to afford long-term.

  6. www.si.com › nba › nba-draft-pick-rookie-salaryHow Much Do NBA Rookies Make? Breaking Down NBA Draft Pick Salary

    3 days ago · What does the NBA rookie salary scale look like for the 2024 draft? ... Anthony Edwards . Minnesota Timberwolves . 2020. ... Karl-Anthony Towns. Minnesota Timberwolves. 2015. $4.8 million .

  7. bvmsports.com › 2024/06/26 › minnesota-timberwolvesMinnesota Timberwolves Financial Dilemma: Keeping Karl ...

    3 days ago · The Minnesota Timberwolves are facing financial challenges due to costly player contracts, particularly Karl-Anthony Towns' $49.2 million salary in the 2024-25 NBA season, making them one of the league's most expensive teams. Despite the financial obstacles, the team is reluctant to trade Towns to maintain their desired tax threshold. By the ...

  8. www.hoopsrumors.com › 2024/06/2024-nba-offseason2024 NBA Offseason Preview: Minnesota Timberwolves

    5 days ago · Salary Cap Situation. Guaranteed Salary. Karl-Anthony Towns ($49,350,000) Towns’ cap hit is a tentative figure based on 35% of a projected $141MM cap. Rudy Gobert ($43,827,586) Anthony Edwards ($42,300,000) Edwards’ cap hit is a tentative figure based on 30% of a projected $141MM cap. Jaden McDaniels ($23,017,242)

  9. dunkingwithwolves.com › posts › karl-anthony-townsKarl-Anthony Towns decision is painfully clear for Timberwolves

    Jun 11, 2024 · Towns is slated to earn $49.3 million next year, and Gobert is set to earn roughly $44 million. The two big men will combine to make up two-thirds of the Timberwolves' cap space. Furthermore,...

  10. www.hoopsrumors.com › 2024 › 05Wolves Notes: Towns, Edwards, Ownership Fight, Connelly

    May 31, 2024 · Towns’ $221MM extension will take effect next season, paying him roughly $49.4MM, $53.3MM and $57.3MM over the next three years with a $61.2MM player option for 2027/28.