Jalen Brunson's rise continues, as he solidifies his position as a cornerstone of the New York Knicks by signing a lucrative four-year, $156 million contract extension. This substantial commitment by the Knicks underscores their strategic focus on building a formidable team around their exceptionally talented point guard.
Brunson's new deal reflects his growing influence on the court and within the Knicks' organization. Since joining the Knicks, Brunson has consistently demonstrated his value, showcasing both leadership and skill that have been pivotal in the team’s recent successes. The franchise's investment in him signals their dedication to creating a competitive and cohesive unit, one capable of challenging the elite teams in the NBA.
Mikal Bridges' Potential Big Payday
Mikal Bridges, another rising star in the league, has recently become eligible for an extension under the NBA's extend-and-trade rules. Eligible since October 1, Bridges' contractual options reflect the increasing complexity and opportunities available to top players under the league’s regulations. Having already secured a significant four-year, $90 million rookie extension with the Phoenix Suns in 2021, Bridges is now exploring new avenues for enhancing his financial future.
Bridges, who was traded on July 6, is strategically positioned to capitalize on the extend-and-trade rules, allowing him to sign for up to four years with a 20% raise in the first year of the new deal, followed by 5% annual raises. With two years still left on his original contract, Bridges could potentially sign for approximately $61.2 million in new money under these terms.
Future prospects for Bridges appear even more lucrative if he opts to wait until the next offseason. This patience could see him sign a three-year deal worth about $113 million, a significant increase from the potential earnings under the extend-and-trade rules. Furthermore, starting July 1, 2025, Bridges will be eligible for the typical veteran extension guidelines, potentially allowing for a 40% raise in the first new year and 8% annual raises thereafter. This scenario could see Bridges securing four additional years on his contract, with total earnings around $156 million over four new years and approximately $181 million in total.
Bridges' future financial prospects could peak in the 2026 offseason. At that time, he could be eligible to sign a five-year deal starting at 30% of the salary cap with 8% annual raises. This contract could potentially be worth up to $296 million, a monumental figure reflective of his elite standing in the league. However, should he choose to join another team, the maximum deal available would be four years with 5% annual raises.
OG Anunoby's Major Re-signing
Meanwhile, OG Anunoby has made headlines by re-signing with the New York Knicks for a staggering $212.5 million. This significant contract underscores Anunoby’s value to the Knicks and their commitment to retaining top-tier talent. Anunoby has been a critical component of the Knicks’ roster, and his re-signing represents a strategic move to maintain the team's competitive edge.
The Knicks' aggressive retention and acquisition strategies, highlighted by Brunson's extension and Anunoby’s re-signing, are clear indicators of their intent to build a powerhouse team. These moves are designed to strengthen the core of the franchise, fostering a robust and competitive environment capable of achieving long-term success in the fiercely contested NBA landscape.
As the Knicks double down on their investments in these key players, the broader implications for the team's future begin to take shape. By securing the talents of Brunson and Anunoby, alongside the potential acquisition of players like Bridges under favorable terms, the Knicks are positioning themselves as a formidable force in the years to come.
The extension deals and strategic signings reflect a changing dynamic in the NBA, where player value and contract negotiations have become increasingly sophisticated. Teams are now more than ever focused on not just acquiring talent, but also creating sustainable and competitive rosters through calculated financial and strategic planning.
For the Knicks, these steps are not just about the present but also about ensuring a bright and successful future, built around a solid core of talented and committed players. As the new season approaches, all eyes will be on how these contractual decisions translate into performance on the court, and whether the Knicks can leverage their investments to climb the ranks and become a dominant force in the league.