As mentioned before: KAT agreed to a 4/224 extension in 2022 that kicked in in 2024.
When he agreed to that, he never been beyond Round 1. Since that previous deal, he has doubled his All-Star appearances, reached All-NBA, won a title and helped make 2 other deep playoff runs -- one in Minnesota.
200 million, given the context, is unserious.
The Knicks have offered KAT around $200 million, league sources confirmed to The Post, which is $77 million less than his max.