Devin Booker and Karl-Anthony Towns each have two years remaining on their current contracts but are now eligible to add more years and dollars to their deals. By virtue of being named to the All-NBA Team, both Booker and Towns qualify for so-called super max contract extensions as designated players.
The projected extensions would start with the 2024-25 seasons and carry a first-year salary of $47.1 million. In total, both Booker and Towns are eligible to add four years and nearly $211 million to their deals.
Booker was named to the All-NBA First Team at the guard position, while Towns was named to the All-NBA Third Team at the center position. Which team they made is irrelevant, as simply being named All-NBA is enough to qualify for the designated player status it takes to jump a salary tier.