New York Knicks’ All-Star Jalen Brunson has agreed to a four-year, $156.5 million contract extension, securing his place with the team while providing significant financial flexibility.
This extension, reported by ESPN’s Adrian Wojnarowski, contrasts with the potential five-year, $269 million deal he could have signed next summer, saving the Knicks $113 million in guaranteed money.
Brunson, who was already set to earn $25 million next season with an opt-out option in 2025, chose a deal that appears to prioritize the team’s immediate and future financial strategy. His new contract includes a player option for the fourth year, allowing him to opt out and potentially secure a much larger deal—up to $323 million for four years or $418 million for five years—in 2028 or 2029.
This decision reflects Brunson’s commitment to the Knicks’ long-term success. His contract helps the team maintain a strong roster after signing OG Anunoby to a five-year, $212.5 million deal and trading numerous first-round picks for Mikal Bridges. Josh Hart, another former Villanova player, praised Brunson’s team-first approach, highlighting his selflessness.
The Knicks’ offseason moves, including retaining key players and acquiring Bridges, have fueled optimism about their championship prospects. Despite losing center Isaiah Hartenstein to the Oklahoma City Thunder in free agency, the Knicks’ core, led by Brunson, Anunoby, and Bridges, looks poised to compete at the highest level.
Brunson’s journey with the Knicks began two years ago when he left the Dallas Mavericks for a four-year, $104 million contract. His transition to a leading role with the Knicks has been transformative, establishing him as one of the NBA’s top guards and a vital leader for the team’s young core. His previous contract, considered one of the best bargains in the league, further underscores his value both on and off the court.
By agreeing to this extension, Brunson not only enhances the Knicks’ financial flexibility but also reinforces his commitment to their pursuit of an NBA championship. This strategic move could set the stage for both team success and a substantial payday for Brunson in the future.
