The Knicks made things official on Wednesday afternoon, announcing the acquisition of Karl-Anthony Towns in a three-team trade involving the Minnesota Timberwolves and the Charlotte Hornets.
New York acquired Towns from Minnesota and the draft rights to James Nnaji from the Hornets, while Julius Randle, Donte DiVincenzo, Keita Bates-Diop, and a future first-round pick when to the Timberwolves. Charlie Brown, DaQuan Jeffries, Duane Washington Jr. and two future second-round picks were sent to the Hornets.
"We are beyond excited to welcome Karl-Anthony Towns to the New York Knicks family," said team president Leon Rose.