Knicks’ Championship Summer: Key Contracts, KAT’s Future, and a Likely Stable Core

The New York Knicks ended a 53-year title drought overnight, beating San Antonio 4-1 to win their first championship since 1973, and the focus has already shifted to how the team will look in 2026/27. The club’s starting five, Jalen Brunson, Karl-Anthony Towns, OG Anunoby, Mikal Bridges and Josh Hart, are all under contract for at least two more seasons, so the core is expected to remain intact.

The biggest offseason question centers on Towns, 30, whose deal runs through 2028 and includes a player option worth $61 million for 2027/28. He is eligible for a four-year extension worth $272 million, but U.S. reports say the Knicks are not certain they want to make that long, expensive commitment. The Athletic’s Sam Amick reported that even after a title, New York may avoid a massive new deal for Towns in order to protect its financial flexibility. At the same time, his role in delivering the championship has made him a Madison Square Garden icon, which could strengthen his case.

Several rotation pieces also have uncertain futures. Backup guard Deuce McBride is signed for one more season, and Tyler Kolek for two more seasons with a team option in 2027/28, so both are expected to stay. President Leon Rose also has team options on young French forward Pacome Dadiet for the next two years, though he has seen limited NBA minutes so far.

Most of the rest of the roster is headed toward free agency. Alvarado has a player option for next season worth $4.5 million, while the others are unrestricted free agents, including Mitchell Robinson, Landry Shamet and veteran guard Jordan Clarkson. Ariel Hukporti, Mouhamed Diawara and Jermy Sohan are also out of contract. Robinson, regarded as the NBA’s best offensive rebounder, is expected to draw the most attention, with Jake Fischer reporting interest from the Lakers, Bulls, Hornets and Raptors. Despite that, the Knicks are not expected to make drastic changes, and an Giannis Antetokounmpo pursuit now appears off the table after the current group’s success.