Minnesota Timberwolves and center Karl-Anthony Towns working towards contract extension
Minnesota Timberwolves center Karl-Anthony Towns celebrates during the second half of an NBA basketball game against the Washington Wizards, Tuesday, March 13, 2018, in Washington. |AP Photo/Alex Brandon|

Minnesota Timberwolves and center Karl-Anthony Towns working towards contract extension

On the heels of reports about his unhappiness, center Karl-Anthony Towns and the Minnesota Timberwolves are reportedly discussing a long-term contract extension.

Richard Martinez

As first reported by Michael Scotto and Jon Krawczynski of the Athletic, the ​Minnesota Timberwolves and All-Star center Karl-Anthony Towns are discussing a long-term contract extension.

Towns has established himself as one of the NBA's most talented young building blocks across his first three seasons since the T-Wolves selected him with the first overall pick in the 2015 draft. When Minnesota secures the 22-year-old big man, it will go a long way in securing their bright future.

Whatever issues that Towns and the organization had seems to a thing of the past. It was rumored earlier in the summer that Towns wanted out of Minnesota and would ask for a trade.

The former University of Kentucky star averaged 21.3 points, 12.3 rebounds and 1.4 blocks across 82 appearances during the 2017-18 campaign. He hasn't missed a game during his pro career.

Towns is set to earn $7.8 million next season, but he'll become a restricted free agent next summer if no extension is in place

Good friend and former Kentucky teammate Devin Booker singed a long-term contract extension on July 8th

Just how much can he earn?

Karl-Anthony Towns #32 of the Minnesota Timberwolves |Jonathan Daniel/Getty Images North America|
Karl-Anthony Towns #32 of the Minnesota Timberwolves. |Jonathan Daniel/Getty Images North America|

Making the All-Star game and finishing Third team All-NBA in 2018 helped increase the pay day that Towns could have. Also take into consideration that Towns was named 2015-2016 Rookie of the Year and was selected to the 2015-2016 first NBA All-Rookie Team.

With that being said, Towns is eligible for a five-year, $188 million deal from Minnesota.

Last October, the T-Wolves were able to lock up forward Andrew Wiggins long-term. Wiggins signed a five-year, $146.5 million contract extension.

Along with Towns' situation, Minnesota shooting guard Jimmy Butler can use a player option in his contract to become an unrestricted free agent in 2019.