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Karl Anthony Towns Net Worth

How much is Karl Anthony Towns worth?

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Karl Anthony Towns is a center/power forward-positioned Dominican-American Basketball player. In the 2015 NBA draft, he became Minnesota Timberwolves’ first overall pick. In college basketball, Anthony Towns played for the Kentucky Wildcats. When he was 16, Karl was named to the Dominican Republic national team. Since 2015, Towns has played for the Minnesota Timberwolves.

There have been a ton of questions regarding Karl Anthony Towns and his financial state. Among these questions, “What is Karl Anthony Towns’ net worth?” has gained the highest clicks. This article will go through a brief discussion addressing Karl Anthony Towns’ estimated net worth in a question-answer manner.

Karl Anthony Towns Net Worth
Karl Anthony Towns / Image / Instagram: @karltowns

What is Karl Anthony Towns’ net worth?

Karl Anthony Towns has an estimated net worth of $10 million.

As a prominent NBA superstar, Karl Anthony Towns makes handsome salaries. He holds numerous NBA records. This article references Karl Anthony Towns’ NBA salary, his contract with clubs, endorsements, and so on to estimate his net worth.

How much does Karl Anthony Towns make?

Karl Anthony Towns makes $5 million per year. 

As mentioned, Karl Anthony Towns has played for the Minnesota Timberwolves since 2015. He became Timberwolves’ first overall pick in 2015. Karl mainly relies on endorsement deals and salaries from club contracts to make his bread and butter.

How much does Karl Anthony Towns make from NBA seasons?

From the 2015-16 NBA season to 2019-20, Karl Anthony Towns has earned $53,005,035 from base salary.

Anthony Towns has played only for the Minnesota Timberwolves till now. All of his salaries have come from the Minnesota Timberwolves. A data table is provided below focusing on Karl Anthony Towns’ salary from Minnesota Timberwolves from the past NBA seasons.

SeasonSalary
2015/16$5,703,600
2016/17$5,960,160
2017/18$6,216,840
2018/19$7,839,435
2019/20$27,285,000
Total$53,005,035

Projected salary for the upcoming seasons

Karl Anthony Towns’ projected salary from Minnesota Timberwolves is given below:

SeasonsSalary from Minnesota Timberwolves
2020/21$29,467,800
2021/22$31,650,600
2022/23$33,833,400
2023/24$36,016,200

The projected table shows that Towns is going to make 8% more than the 2019/20 season. He became the 28th best-paid NBA player. To be more specific, Karl Anthony Towns is the 13th best-paid forward for this year (2020/21).

Karl Anthony Towns’ contract with Minnesota Timberwolves

Since 2015, Karl Anthony Towns has been playing for the Minnesota Timberwolves. He signed a contract with the Minnesota Timberwolves several times. A data table is provided below featuring Karl Anthony Towns’ contract with Minnesota Timberwolves.

Contract YearContract Amount
2015-2018 (four years contract)$25,720,035
2018-current (five year contract)$158,253,000

How much does Karl Anthony Towns make from endorsements?

According to Forbes, Karl Anthony Towns has made $3 million from his endorsement deals with numerous reputed brands.

NBA stars like Karl Anthony Towns get huge endorsement contracts. As a basketball player, Karl Towns gets an offer from shoe brands and numerous fashion lines to promote their products. However, Karl Anthony Towns has made a contract with —

  • 2k Sports
  • Nike
  • Beats Electronics
  • Gatorade
  • Panini
  • Secretlab
  • T-Mobile
  • YouTube

Karl Anthony Towns Rookie Year

Karl Anthony Towns was named NBA Rookie of the year for the 2015-16 season.

This 7 feet giant Dominican Basketball player became the NBA Rookie of the year in the 2015-16 season. He further received All-Star selections two times. In 2015, Towns was also the SEC Freshman of the year. Thus, Towns’ NBA records show how prominent a player he is!

What car does Karl Anthony Towns drive?

NBA star Karl Anthony Towns drives the $186k worth Mercedes-Maybach. This car also has Jacqueline Towns’ signature.

Anthony Towns is a speed lover. He chose a Mercedes-Maybach that has 155 mph velocity. All of its power is generated by the silky-smooth 7G-Tronic plus gearbox. Hence, there is no need to say — “Why did Karl pick Mercedes-Maybach?”.

Where Does Karl Anthony Towns live?

Minnesota Timberwolves 7 feet giant center recently purchased a glitzy estate in Medina. To purchase this estate, Towns had to cost $4.5 million!

Towns’ Medina estate is featured at 17,251 square-foot. There are five bedrooms, indoor and outdoor pools, nine bathrooms, a golf hole, a tennis court with a tea house, a hot tub, and so on in this property. Karl has to pay $67,314 for taxes.

Does Karl Anthony Towns have tattoos?

Karl Anthony Towns doesn’t have any tattoos.

It seems weird that NBA stars like Karl Anthony Towns don’t have any tattoos. Like Anthony Towns, there are also nine more NBA stars who don’t have any tattoos. They are —

  • Ben Simmons
  • Klay Thompson
  • Kyle Lowry
  • Chris Paul
  • Jimmy Butler
  • Joel Embiid
  • Nikola Jokic
  • James Harden
  • Giannis Antetokounmpo

Karl Anthony Towns: At a Glance

Full NameKarl Anthony Towns Jr.
Known forMinnesota Timberwolves center
GenderMale
Date of birth15 November 1995
Birth PlaceEdison, New Jersey
Height7 ft 0 in (2.11 m)
Weight248 lb (112 kg)
Marital StatusUnmarried
ChildrenN/A
GirlfriendJordyn Woods
ProfessionBasketball Player
NationalityDominican-American
Net Worth$10 million

Career Highlights

Before joining the Minnesota Timberwolves, Karl Anthony Towns played for the Kentucky Wildcats. His college basketball career was very bright. He was named to the McDonald’s All-American team in 2014.

In the 2015 NBA draft, Karl Anthony Towns was picked by the Minnesota Timberwolves. He signed a five years contract with Timberwolves for $25,720,035.

In the 2015-16 NBA season, Anthony Towns became the Rookie of the year. His astonishing performance for the Minnesota Timberwolves further signed him to an additional four-year contract with Timberwolves.

In 2018, Anthony Towns signed a four-year contract with Minnesota Timberwolves for nearly $160 million. Currently, Karl Anthony Towns is playing for the Minnesota Timberwolves as a center or power forward.  

Sources

  • https://fadeawayworld.net/nba/top-10-nba-players-without-tattoos — 10 NBA stars who don’t have tattoos.
  • https://www.spotrac.com/nba/minnesota-timberwolves/karl-anthony-towns-17829/ — Karl Anthony Towns’ contract details.
  • https://www.bizjournals.com/twincities/news/2018/11/06/take-a-look-at-karl-anthony-towns-new-4-5-million.html — Inside Karl Anthony Towns’ Medina Estate.
  • https://www.nba.com/player/1626157 — NBA statistics of Karl Anthony Towns.
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