The Knicks say they want the season to be the only thing on their minds. The rest of the league, and at least some of the players involved, are hearing something else.
New York has tabled contract extension talks until later in the season, a decision that leaves Karl-Anthony Towns and Josh Hart waiting on deals they hoped would be done before opening night. The team’s public line is simple enough: stay locked on basketball, not business.
“As an organization, our entire focus is on preparing for the upcoming season and delivering another year for our fans to be proud of. As a result, we will not be negotiating contract extensions until later in the season and will remain solely focused on preparing for the start of the season,” a team spokesman said.
That stance comes with Towns at the center of the conversation. He is the Knicks’ most prominent extension-eligible player, and the numbers around him are hard to ignore: he is eligible for a four-year, $276 million deal and is due to make $57 million this season. Reports have also said the Knicks have offered him a deal well below his maximum, which only sharpens the gap between what the team is willing to do now and what Towns can command.
Towns has not hidden his frustration. Coverage around the stalled talks says the sides are far apart, and that he appears disappointed by the lack of progress. The uncertainty is not abstract, either. Towns has been an All-Star in both seasons since arriving in New York, and the Knicks are asking him to move into a season in which his contract situation is unresolved.
Josh Hart is in the same holding pattern. He will make $21 million this season, with a team option for 2027-28 worth $22.4 million, and he is among the players who expected extension conversations to happen before the season. Hart has already acknowledged that contract situations can make it difficult for players to focus, which is exactly the kind of comment that turns a front-office pause into a locker-room storyline.
Miles McBride is in the mix as well. He has admitted he is not enthused with what the Knicks have put on the table, and he is part of the broader picture of a roster waiting on answers while the team says it wants to keep the business side out of the way.
That tension sits against a very specific backdrop. The Knicks won their first NBA championship since 1973 in June, and owner James Dolan stayed out of the way while the front office built the title team. But the same coverage now framing the extension freeze also describes the organization as increasingly budget-conscious, and one report called the delay a “ticking time bomb.” Another noted that the Knicks are getting penny-pinching at the worst possible time, especially if the pause threatens to alienate a third of the rotation.
There is also a cap wrinkle hanging over Towns. If he were to pick up next year’s option, the Knicks would end up in the second apron, giving them a strong incentive to lock him in long-term at a lower number — or trade him. That is the kind of financial pressure that makes a delay feel less like a scheduling choice and more like a test of how long the team can keep everyone aligned.
The Knicks open the season against the 76ers on Oct. 20, and for now the message from the front office is that nothing should matter more than that game and the stretch that follows. But when the most important extension-eligible player is Towns, when Hart and McBride are waiting too, and when the team has already made clear it wants to avoid the second apron, the silence is doing more than buying time.
It is becoming part of the story.
