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Bobby Marks ESPN 

Minnesota is sitting right at $119M in salary for next season which takes into account the $19.8M Jimmy Butler player option. The salary cap is projected to be $109M. The Timberwolves now have $55M (could increase to $60M) commited to Towns and Andrew Wiggins in 2019-20.

Bobby Marks ESPN 

The cap hit on the Karl-Anthony Towns rookie max extension is: $27.25M, $29.43M, $31.61M, $33.79M and $35.97M. Towns will be subject to the poison pill restriction this season and the extension will begin in 2019-20. For trade purposes, $7.8M (last year of his rookie contract) is used for outgoing salary and $27.6M (the average of the current salary and max extension) for the purposes of determine incoming salary. The total salary could increase to $190M if Towns earns All-NBA, MVP or Defensive Player of the Year this season. The cap hit in 2019-20 would be $32.7M if he earned one of the honors.

Marc J. Spears The Undefeated 

The Sacramento Kings have waived center Deyonta Davis.