Jalen Brunson's Big Payday with the Knicks
In a significant move that signals the New York Knicks' dedication to building a competitive roster, Jalen Brunson has secured his future with the team by signing a lucrative four-year, $156 million contract extension. Brunson’s new deal underscores the franchise's commitment to their dynamic point guard, who has become an integral part of their long-term vision.
The contract extension not only solidifies Brunson’s position within the core of the Knicks' lineup but also highlights the franchise’s strategy to fortify their roster around their star player. With Brunson’s skills and leadership on the court, the Knicks are making a clear statement about their ambitions to rise in the Eastern Conference standings.
Mikal Bridges: A Suite of Contract Options
Mikal Bridges, another rising star in the NBA, finds himself in an interesting position following his eligibility for an extension under the NBA's extend-and-trade rules as of October 1. Bridges, who had already proven his value with a four-year, $90 million rookie extension with the Phoenix Suns in 2021, was traded on July 6, opening the door to new contractual possibilities.
The extend-and-trade provisions offer intriguing benefits for Bridges. Under these rules, he has the opportunity to sign a contract of up to four total years, starting with a 20% pay raise in the initial year, followed by 5% annual increases. With two years remaining on his original contract, this could allow Bridges to secure approximately $61.2 million in new earnings.
However, if Bridges opts to wait until the next offseason, the financial prospects could be even more rewarding. He could potentially sign a deal worth around $113 million over three new years. Furthermore, beginning July 1, 2025, Bridges could leverage the standard veteran extension guidelines, which permit a 40% raise in the first new year and 8% annual raises thereafter. This pathway could see Bridges securing a contract worth approximately $156 million over four new years, eventually totaling around $181 million.
The potential for even greater earnings awaits in the 2026 offseason. Bridges could then sign a five-year contract starting at 30% of the salary cap with 8% annual raises, potentially making up to $296 million. Should he choose to sign with another team, however, his maximum possible contract would be limited to four years with 5% annual raises.
OG Anunoby's New Deal
Meanwhile, OG Anunoby has inked a significant deal, re-signing with New York for $212.5 million. This substantial contract not only reflects Anunoby’s value as a key player but also signals the commitment of the Knicks to retaining top talent. Anunoby’s re-signing is another strategic move by the Knicks, emphasizing their focus on maintaining a competitive and robust team.
These recent signings and contractual maneuvers illustrate a broader strategy in the NBA, as teams like the New York Knicks and other franchises aim to secure their talented players for the long term. With stars like Jalen Brunson, Mikal Bridges, and OG Anunoby locking in significant deals, the future seasons promise to bring exciting developments and intense competition to the league.
The Road Ahead
As the Knicks and other teams continue to navigate the complexities of player contracts and extensions, the landscape of the NBA will undoubtedly evolve. Strategic signings and well-negotiated deals will play a crucial role in shaping the success and dynamics of the teams. With top-tier talent tied down to extended contracts, fans can look forward to witnessing the growth and achievements of their favorite players and teams in the upcoming seasons.