Karl-Anthony Towns signs 5-year, $190 million extension with Timberwolves

Karl-Anthony Towns signs 5-year, $190 million extension with Timberwolves

ESPN reported later Friday that Taylor told others at the Board of Governors meeting that Butler is available and inquiries should come through Taylor, if necessary.

This has raised questions about whether ownership and the front office, along with head coach Tom Thibodeau, are seeing eye to eye on the Butler situation. All three teams will have maximum salary slots available next season.

Butler was acquired last off-season by the Timberwolves, who ended a streak of 13 consecutive seasons without making the playoffs, which was the longest active playoff drought. Minnesota owner Glen Taylor "prefers to find a deal by early this week", Wojnarowski added.

Towns' agent, Leon Rose of CAA Sports, informed the organization of Towns' intention to sign the extension on Saturday night, sources said.

The 22-year-old has averaged 21.6 points, 11.7 rebounds, and 2.4 assists in his first three seasons since Minnesota selected him with the first overall pick in the 2015 National Basketball Association draft.

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Butler is looking to cash in on a major contract extension that would give him around $190 million over five years.

Butler was traded to the Timberwolves from the Chicago Bulls on draft day in June 2017.

Butler has reportedly had a falling out with Timberwolves teammate Karl-Anthony Towns, and the meeting with Thibodeau was created to address those concerns. He has made the All-NBA Third Team twice and the All-Defensive Second Team four times.

The Timberwolves signed wing Andrew Wiggins, a No. 1 draft pick of the Cleveland Cavaliers in 2014, to a max contract before last season, four years for a guaranteed $147.7 million.

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