Knicks and Karl-Anthony Towns fail to agree contract extension as training camp looms

Contract extension talks between the New York Knicks and Karl-Anthony Towns have ground to a halt, with the two sides unable to reach an agreement as the team prepares to open training camp.

The discussions are understood to have stagnated in recent weeks, and those close to the situation consider a deal unlikely to be finalised before camp gets under way.

The impasse leaves Towns's long-term future with the franchise unresolved, adding uncertainty to a Knicks side with championship ambitions heading into the new season.