Jalen Brunson and the New York Knicks have agreed to a four-year, $156.5 million contract extension. Brunson could have signed in 2025 for $269.1 million over five years, which is a difference of $113 million guaranteed and an annual average of $39.1 million against $53.8 million.
Brunson joined the Knicks in free agency in 2022 and was an All-NBA selection in 2024. Brunson could become a free agent in 2027 and sign for up to 35 percent of the max. In the interim, the Knicks will have substantially more cap flexibility to maintain the roster around Brunson and he establishes a precedent of taking less that could be impactful in future extension talks with other players, notably Mikal Bridges.
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July 12, 2024 | 5:30 pm
