Karl-Anthony Towns has agreed to a five-year, $190 million super-maximum extension with the Minnesota Timberwolves.

Leon Rose informed the Wolves of Towns' intention to sign the extension on Saturday night.

In a statement, 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."

The deal does not include a player option but it does have a trade kicker.