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The New York Knicks received a significant boost from star point guard Jalen Brunson on Friday, as he chose to sign a four-year, $156.5 million extension rather than pursuing a more lucrative five-year, $270 million deal after the upcoming season. With a player option available in his current contract, Brunson had the opportunity to seek a bigger payday but instead opted to provide the Knicks with substantial salary savings, effectively widening their window for championship contention.
Jalen Brunson’s Strategic Financial Sacrifice Boosts Knicks’ Flexibility
This strategic financial maneuver by Brunson may also facilitate the team’s ability to offer Mikal Bridges an extension.
According to Yossi Gozlan, Bridges is eligible for a $156 million extension. Currently, Bridges is under contract for two more years, with a salary impact of $23.3 million for the upcoming campaign and $24.9 million for the 2025–26 season. If he accepts the extension next year, he will be secured for an additional five seasons with the Knicks.
Bridges, who will be turning 28 next year, is coming off a season where he averaged 19.6 points, 4.5 rebounds, and 3.6 assists, shooting 43.6% from the field and 37.2% from three-point range. His performance could see significant improvement on a Knicks team with strong playoff aspirations.
Impact of Bridges’ Addition
The Brooklyn Nets, Bridges’ previous team, experienced a tumultuous year, which included giving increased playtime to Cam Thomas at the expense of Bridges’ court time. As a former Defensive Player of the Year candidate and First-Team All-Defense player, Bridges represents a substantial upgrade for the Knicks on the wing. His excellent health record further enhances his value to the team.
With the salary space now available thanks to Brunson’s decision, the Knicks have every reason to secure Bridges with a long-term contract, highlighting Brunson’s selflessness and his commitment to the team’s success.
