The New York Knicks have dominated headlines this summer, and are showing no signs of stopping. Jalen Brunson has signed a four-year, $156.5 million contract extension.
ESPN’s Adrian Wojnarowski was first with reports of the “unprecedented” move by Brunson and the Knicks.
In deciding to sign his extension this summer, as opposed to next year, Brunson is leaving $113 million on the table according to Wojnarowski.
“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, [Sam] 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,” Wojnarowski wrote on July 12.
Brunson is committed to the organization, and most importantly, the roster New York has assembled this summer. That includes adding a third former college teammates of his in Mikal Bridges.
Brunson is coming off of his sixth NBA campaign, and second with the Knicks. He averaged 28.7 points, 6.7 assists, and 3.6 rebounds in 77 regular-season appearances last season.
This story will be updated.
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