Jan 3, 2017; Philadelphia, PA, USA; Minnesota Timberwolves center Karl-Anthony Towns (32) reacts in front of Philadelphia 76ers center Joel Embiid (21) after a score during the fourth quarter at Wells Fargo Center. The Philadelphia 76ers won 93-91. Mandatory Credit: Bill Streicher-USA TODAY Sports

According to Adrian Wojnarowski of ESPN, 22-year-old center Karl-Anthony Towns and NBA All-Star (2018) signed a five-year, $190 million contract extension with the Minnesota Timberwolves.

Speaking about the event Towns said: “On June 25, 2015, I was drafted to and committed to the Minnesota Timberwolves. On September 22, 2018, I made a recommitment to the Wolves and have the same feelings of excitement that I felt back in 2015.”

“I promise to the fans, my teammates and the organization to keep the vision of the man who drafted me, Flip Saunders, alive and treat his dream of winning with respect and dignity. To the fans from Day One and the Timberwolves fans, this is for you. Thank you for believing in me.”

Karl-Anthony Towns was selected with the first overall pick by the Timberwolves in the 2015 NBA Draft. During his three-year NBA career he hasn’t missed a game and is averaging 21.6 points, 11.7 rebounds, 2.4 assists and 1.4 blocks per game.

Last season NBA Rookie of the Year (2016) helped the Timberwolves after 14-year of absence (since 2004) to make the playoffs.