What is Karl-Anthony Towns’ net worth in 2025?: $70 million (estimate)
Karl-Anthony Towns, one of the greatest shooting 7-footers in NBA history, has been traded from the Minnesota Timberwolves to the New York Knicks in a stunning blockbuster move. With his nine-year NBA career mostly spent in Minnesota, Towns has established himself as a five-time All-Star, two-time All-NBA player, and the 2016 Rookie of the Year. Now, as he embarks on a new chapter in New York, it is worth exploring his net worth in 2025.
According to reputable sources like Celebrity Net Worth, Karl-Anthony Towns’ net worth in 2025 is estimated to be $70 million. This substantial figure reflects his lucrative NBA contracts, endorsement deals, and various investments. Towns’ financial success has allowed him to afford luxuries such as a $4.5 million lake house in Minnesota, which he may now be looking to sell following the trade.
Born in Edison, New Jersey, on November 15, 1995, Towns will find himself closer to his hometown with the move to New York. He attended St. Joseph High School in Metuchen, where he led the boys’ basketball team to three consecutive state titles. His exceptional skills on the court earned him recognition as the nation’s No. 1 prospect during his sophomore year.
After graduating a year early, Towns committed to playing for the University of Kentucky. In his lone season with the Wildcats, he played a pivotal role in helping the team secure a national championship before declaring for the 2015 NBA Draft.
Selected as the first overall pick by the Timberwolves in the 2015 draft, Towns made an immediate impact in the league. He won the Rookie of the Year Award in 2016, averaging 18.3 points, 10.5 rebounds, and 2.0 assists per game. Throughout his career, Towns has consistently demonstrated his versatility and scoring ability, making him a highly sought-after player.
Off the court, Towns has secured endorsement deals with prominent brands such as YouTube, Nike, Gatorade, 2K Sports, T-Mobile, Beats by Dre, Secretlab, and Luminosity. He has also appeared in commercials for Foot Locker, further expanding his brand presence.
Despite his individual success, Towns faced challenges within the Timberwolves organization. A trade for All-Star small forward Jimmy Butler brought temporary success, with the team making the playoffs in 2018 for the first time in 14 years. However, internal conflicts between Butler and Towns led to Butler’s eventual departure from the team.
In the wake of Butler’s trade request, Towns signed a lucrative five-year, $158.25 million contract extension with the Timberwolves. This long-term commitment solidified his position as the franchise’s cornerstone player.
Towns has also faced personal hardships, including the tragic loss of his mother, Jacqueline Cruz-Towns, to COVID-19 in April 2020. Despite this devastating loss, Towns remained resilient and used his platform to support causes such as justice for George Floyd, standing alongside former NBA player Stephen Jackson during protests.
Moving forward, Towns’ net worth is expected to increase significantly due to his massive contract with the Timberwolves and his growing public profile through his relationship with model Jordyn Woods. As he begins his journey with the Knicks, Towns aims to lead the franchise to new heights and potentially bring an NBA title to a team that has been without one for over five decades.
In conclusion, Karl-Anthony Towns’ net worth in 2025 is estimated to be $70 million. This figure reflects his success both on and off the court, with lucrative contracts, endorsement deals, and investments contributing to his financial prosperity. As he embarks on a new chapter with the New York Knicks, Towns’ impact will extend beyond the basketball court, as he continues to make a difference in the lives of others and strives for success in the NBA.