00:00The negotiations between Carthy Towns and the Knicks right now, not in necessarily the best
00:07place. What have you been hearing about where the situation is? I mean, it's not totally shocking.
00:12I knew for a while now that the Knicks were offering him less than the Max. They were
00:17asking him to take a discount. The Knicks are trying to keep their championship court together.
00:22We know that James Dolan doesn't want to go into the second apron. And Jalen Brunson is
00:28eligible for a Max extension next summer. OG Ananobi is eligible for an extension next summer.
00:34So the Knicks are watching their money and giving Cat four years, $272 million extension
00:41would not be conducive towards keeping this court together. So they're asking him to take,
00:47from my understanding, a significant discount from the Max. How much of a discount Cat is willing to
00:53take? Obviously, given Shyam's report, he's not willing to take what the Knicks are offering.
00:59Ian Begley from SMY reported that it's in the $45 to $50 million average range. And if you do the
01:05math,
01:05that's well below the Max. Another thing to remember here is that he can still sign all the way up
01:12until
01:12June. It's going to be hovering over the Knicks, certainly during training camp where Cat's going
01:17to be asked about his extension.