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REPORT: Karl-Anthony Towns trade finally official

While the blockbuster trade centered around Julius Randle, Donte DiVincenzo, and Karl-Anthony Towns was reported last Friday night, the deal was taking a while to be finalized. After multiple days of anticipation, the wait is finally over though, as it was reported that the deal was at last finalized.

Charlotte is also trading James Nnaji – the No. 31 pick in the 2023 NBA draft – to New York to finalize the trade, sources tell me, @JonKrawczynski and @FredKatz. https://t.co/7RFRIl7apN

— Shams Charania (@ShamsCharania) October 2, 2024

As noted above, the Hornets, who are helping the two teams facilitate the deal, will be receiving three second-round picks, two of which are from the Knicks, along with DaQuan Jeffries, Charlie Brown, and Duane Washington Jr.