Knicks All-NBA guard Jalen Brunson has agreed to a four-year, $156.5 million contract extension -- $113 million less guaranteed than he is eligible to sign for a year from now -- his agent, Sam Rose of CAA, told ESPN.
has agreed to a four-year, $156.5 million contract extension -- $113 million less guaranteed than he is eligible to sign for a year from now -- his agent, Sam Rose of CAA, told ESPN on Friday.
The deal, which begins in 2025-26 and will cost Brunson $37.1 million over the next three years, comes with a fourth-year player option, Rose said, and that would set up Brunson to recoup the $113 million on a four-year, $323 million maximum extension in 2028 or a new five-year, $418 million deal in 2029.
The repercussions of Brunson choosing the four-year, $156.5 million max deal over the five-year, $269.1 million deal in 2025 are massive for the Knicks' ability to keep this team together and keep making roster moves to close the gap on a championship. Brunson's deal keeps the Knicks out of the second-apron level of the salary cap, a punitive threshold that severely limits a team's ability to make trades, sign players and use draft picks.
Brunson's arrival to the Knicks on a four-year, $104 million free agent deal two years ago has been one of the league's most transformative acquisitions of the past decade. After starting his career as a backup point guard with the, Brunson has blossomed into one of the NBA's most impactful players and leaders. Brunson had his finest NBA season in 2023-24, earning All-NBA honors and finishing top five in the MVP voting. He averaged 28.
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