The Knicks have a tricky offseason dilemma regarding Karl-Anthony Towns, Jared Schwartz of the New York Post writes.

Towns will make $57.1MM next season and holds a $61MM option on his contract for the 2027/28 season. He is eligible for a four-year extension worth a projected $272MM, a staggering average annual value of $68MM, Schwartz notes.

If Towns chooses to decline the option and test the market next offseason, he could sign for the projected standard veteran maximum of $266.6MM over four years. If he exercises that option and then tests the market in 2028, he could get an even more lucrative deal.

Jalen Brunson gave the Knicks a discount on his extension to help the front office retain cap flexibility. It remains to be seen if Towns will do the same and sign an extension before next season.

Here’s more from the Atlantic Division:

In their official announcement confirming LeBron James‘ deal, Sixers managing partner Josh Harris expressed his excitement of seeing James join a loaded starting lineup. “I cannot wait to see LeBron alongside Jaylen Brown, VJ Edgecombe, Joel Embiid, Tyrese Maxey, and our talented roster as we work to deliver a championship for Philly,” Harris said. “To LeBron and his family: we are grateful you chose the 76ers, and look forward to this next chapter of your legendary career.” President of basketball operations Mike Gansey also put out a statement on the signing, citing his long-term relationship with James. “There is no doubt LeBron is one of the greatest players to ever play the game of basketball and there are no words to measure the impact he’ll have on this organization,” he said. “I have had the pleasure of knowing LeBron since high school and have seen the high-level impact he’s produced at every stop of his basketball journey. He is a consummate professional, the ultimate competitor, and a tireless worker. But he is also an incredible person with natural leadership traits, a family man, and someone who possesses unwavering commitment to community and those around him.”
The fact that James may commute from New York City to Philadelphia was another indication that he would have seriously considered joining the Knicks, but neither side pursued a deal after New York won a championship in June. According to Schwartz, the Knicks feel they can repeat with the roster they already have — they’ll have to prove in the postseason that their confidence is justified.
With a focus on Summer League performances, Brian Lewis of the New York Post delves into the winners and losers on the Nets‘ roster this offseason. Noah Clowney was firmly placed in the latter category, since the team acquired Julius Randle and second-year player Danny Wolf and rookie Joshua Jefferson will be pushing for playing time at power forward. Clowney will be eligible for restricted free agency during the 2027 offseason unless he signs a rookie scale extension. Wolf and fellow second-year players Ben Saraf and Drake Powell also have much to prove after underwhelming Vegas outings.