Jalen Brunson Secures His Future with the New York Knicks
Jalen Brunson has solidified his status as a cornerstone of the New York Knicks, signing a four-year, $156 million contract extension. This significant investment reflects the Knicks' strategic commitment to constructing a formidable lineup around their star point guard.
Brunson's deal ensures that he will remain a central figure in the Knicks’ efforts to rise in the competitive hierarchy of the NBA. Since joining the franchise, Brunson has been instrumental in reshaping the team’s dynamics, bringing both exceptional skill and leadership to the court. His extension not only rewards his contributions but also sets a clear vision for the team’s future direction.
Meanwhile, Mikal Bridges, known for his defensive prowess and versatility, became eligible for an extension under the NBA's extend-and-trade rules as of October 1. Originally locking in a four-year, $90 million rookie extension with the Phoenix Suns in 2021, Bridges found his career trajectory altered when he was traded on July 6.
The extend-and-trade rules offer Bridges various financial pathways. With two years left on his initial contract, he could sign an extension that could add roughly $61.2 million in new money. This deal would include a 20% raise in the first year of the extended contract followed by 5% annual raises thereafter. Yet, if Bridges chooses to wait until the next offseason, he stands to potentially secure a three-year deal valued at about $113 million, offering a more lucrative arrangement in the short-term.
A look ahead to July 1, 2025, presents further options. Under typical veteran extension guidelines, Bridges could enjoy a 40% raise in the first year of the new deal, followed by 8% annual raises. This strategy could result in an extension worth around $156 million over four years, ensuring approximately $181 million in total earnings. Notably, in the 2026 offseason, a five-year contract starting at 30% of the salary cap with 8% annual raises could see Bridges earning up to a staggering $296 million. However, opting for a new team would cap his maximum contract at four years with 5% annual raises, a slightly less profitable route.
In a parallel narrative, OG Anunoby has committed his future to New York, re-signing for an impressive $212.5 million. This contract underscores the Knicks’ determination to surround Brunson with top talent as they chase championship aspirations.
Both Brunson's and Anunoby's agreements exemplify the current NBA trend of franchises making substantial investments in securing key players long-term. These moves are not only about maintaining competitive rosters but also about fostering team stability and solidifying fan support. As teams like the Knicks gear up for future seasons, the strategic allocations of their salary caps, focused on retaining high-performing talent, will undoubtedly influence their success on the court.
The upcoming seasons are poised to be a testing ground for these financial commitments. Fans and analysts alike will scrutinize whether these high-stakes investments translate into playoff victories and potential championship runs. With players like Brunson and Anunoby in the fold, the Knicks hope to rise to the challenge and reclaim their place among the NBA elite.