New York Knicks Officially Announce Blockbuster 3-Team Trade

The New York Knicks announced their trade with the Minnesota Timberwolves and Charlotte Hornets.

Sep 30, 2024; New York, NY, USA; New York Knicks head coach Tom Thibodeau speaks during a media day press conference at the MSG training facility in Tarrytown, NY. Mandatory Credit: Brad Penner-Imagn Images / Brad Penner-Imagn Images

On Wednesday afternoon, the New York Knicks officially announced the big news that they have acquired NBA All-Star Karl-Anthony Towns.

The trade had been first reported by The Athletic last week, and the full details of the deal have now been finalized.

Via Knicks.com: "The New York Knicks announced today that as part of a three-team trade the team has acquired Karl-Anthony Towns from the Minnesota Timberwolves and the draft rights to James Nnaji from the Charlotte Hornets. New York sent Julius Randle, Donte DiVincenzo, Keita Bates-Diop and a future first-round pick to Minnesota and Charlie Brown, DaQuan Jeffries, Duane Washington Jr. and two future second-round picks to Charlotte."

.@nyknicks Acquire Karl-Anthony Towns pic.twitter.com/72HviQM2fB

— NY_KnicksPR (@NY_KnicksPR) October 2, 2024

Adding Towns to a team that already features Jalen Brunson, OG Anunoby, Josh Hart, Mikal Bridges and Mitchell Robinson is expected to make them one of the contenders to reach the 2025 NBA Finals.

Towns had spent the first nine seasons of his career playing for the Timberwolves.

He finished last year with averages of 21.8 points, 8.3 rebounds and 3.0 assists per contest while shooting 50.4% from the field and 41.6% from the three-point range in 62 games.

pic.twitter.com/GgfTuIFGDo

— NEW YORK KNICKS (@nyknicks) October 2, 2024

Meanwhile, the Timberwolves getting Randle and DiVincenzo makes them extremely intriguing, as they now have more depth on an already deep roster.

Randle is coming off a year where he made his third All-Star Game.

In addition, DiVincenzo established himself as one of the best three-point shooters in the NBA.

Donte DiVincenzo this year:

—Set Knicks single-season 3PT record (283)
—Set Knicks single-game 3PT record (11)
—Set Knicks single-game playoff 3PT record
—3rd most made 3P in the NBA
—40 point game (career high)
—7 games with 30+ points

His leap this year was special. pic.twitter.com/sipN8XR8bD

— DiVincenzoMuse (@DivincenzoMuse0) May 19, 2024

The Knicks will play their first game of the season on October 22 when they visit the Boston Celtics.