July 1, 2022 | 12:15 am EDT Update
Adrian Wojnarowski: Minnesota Timberwolves star Karl-Anthony Towns has agreed on a four-year, $224M super max extension, his agent Jessica Holtz of @CAA_Basketball tells ESPN. Deal begins with the 2024-25 season and delivers Towns’ total contract value to six years and $295M.
Adrian Wojnarowski: Booker and Towns’ representative, Jessica Holtz, is the first female player agent to secure a max contract — and did it with two super max deals on the same day. Booker and Towns’ representative, Jessica Holtz, is the first female player agent to secure a max contract — and did it with two super max deals on the same day.
As the first day of free agency nears a close, distance remains between the contract desires of Kevon Looney and Gary Payton II and the willingness from the Warriors to meet that number, sources told The Athletic. In particular, the odds that Payton departs the Warriors are rising rapidly, with the internal belief they are likely to lose him.
Facing a record tax bill multiplying each additional dollar spent by nearly seven, the Warriors entered free agency intent on avoiding any overpay that the market doesn’t demand. They want to bring both Looney and Payton back. Both players prefer a reunion with the defending champions, if the price is right. That’s where the current separation exists.