The New York Knicks have not offered Karl-Anthony Towns a new contract extension. The reason why? They want to be able to trade their star big man at any time.
The Knicks are certainly no stranger to making trades. They have done so again and again to build this very team, including directly trading for most of their core rotation. Jalen Brunson was signed in free agency, but Mikal Bridges, OG Anunoby, Josh Hart and Karl-Anthony Towns were all added via trade.
Towns, in fact, came on board via a trade just prior to the start of last season, and he admirably adjusted to a new team and a new scheme and had an All-NBA season for the Knickerbocker.