KAT Pay Cut RequestThe Knicks reportedly asked Karl-Anthony Towns to take a pay cut on his max extension, reinforcing financial discipline and roster flexibility concerns.Sources (2)Karl-Anthony Towns Is “Disappointed” Knicks Did Not Offer An Extension, But Expects Resolution This Summerfadeawayworld.netKnicks make major contract request of Karl-Anthony Townsbasketnews.comUpdated Jul 31, 2026