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Sources: Timberwolves, Karl-Anthony Towns Agree to Super-Max Extension

Basketball Insiders

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In a deal that cements him as the franchise’s long-term cornerstone, Minnesota Timberwolves All-Star center Karl-Anthony Towns has agreed to a five-year, $190 million super-maximum extension, league sources told ESPN.

Towns’ agent, Leon Rose of CAA Sports, informed the organization of Towns’ intention to sign the extension on Saturday night, sources said. The Timberwolves report for media day on Monday and begin training camp on Tuesday.

The super-max deal includes the ability for Towns to earn 30 percent of the Timberwolves’ salary cap with the fulfillment of reaching one of the three All-NBA teams, or being voted league MVP or Defensive Player of the Year this season.

Source: Adrian Wojnarowski of ESPN

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Headlines

Sources: Rockets Interested in Acquiring J.R. Smith

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The Rockets have expressed exploratory interest in acquiring JR Smith, according to league sources. Smith is currently on hiatus from the Cavaliers as Cleveland seeks a new home for the veteran shooting guard via trade

Source: Marc Stein on Twitter

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Sources: Multiple Teams in Contact with Suns over Trevor Ariza

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Suns have heard from no less than 8 teams interested in acquiring Trevor Ariza. Lakers are one of those teams but there is nothing close at this time. Suns not interested in KCP and a bench player.

Source: John Gambadoro on Twitter

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G-League

Sources: DeMarcus Cousins to Practice with G-League Team

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Warriors center DeMarcus Cousins is expected to practice with the G-League Santa Cruz Warriors on Monday, a source told @espn @TheUndefeated.

Source: Marc J. Spears on Twitter

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