Knicks signs Mikal Bridges up to four years and $ 150 million dollars.
Mikal Bridges’ Future With The Knicks is no longer in question, since the team has signed the Veterans Guard with an extension of the four -year contract of $ 150 million, the sources confirmed to Sny.
Bridges was suitable for a four -year extension for a value of $ 156 million. By accepting an agreement at $ 6 million less than the maximum, Bridges offers the Knicks a certain financial flexibility in an era in which each dollar counts for the contending teams.
That future financial flexibility was an important part of the agreement for the Knicks and bridges, for sources that are familiar with the matter.
“He wants to be here and wants to win here,” said a source of the championship in Sny.
Bridges, which joined the Knicks last summer in a trade off season with goals, marked on average 17.6 points with 3.7 assists and 3.2 rebounds in 82 games of the regular season in 2024-25. The 28 -year -old then marked 15.6 points on average in the playoffs, helping the Knicks running towards the Eastern Conference finals. He had a regular season up and down, but he made several clutch games for New York in the post-installation.
Knicks as the way Bridges (which turns 29 next month) adapts to the time sequence of the other best players. Jalen Brunson, Karl-Anthony Towns, Bridges, OG ANUNOBY, JOSH HART AND Mitchell Robinson They are all 30 or less. Brunson, Towns, Bridges, Hart and Anunoby are all under contract until 2026-27.
The Bridges extension, which was reported for the first time by Espn, kicks next season. If he had waited to become a free agent without restrictions, Bridges would have been suitable for an agreement up to five years and for many more total money.
Brunson took a significant discount by signing an extension last summer. His decision to sign the extension instead of waiting until the free agency helps the Knicks to avoid onerous penalties in the second apron. Bridges discount will also be much lower. But each dollar matters for teams like the Knicks, who want to contend. Having a team salary under the second apron, the Knicks will have more tools to acquire free agents and the flexibility of doing operations that they would not have if they were beyond the second apron, which is $ 222 million in 2026-27.
According to Espn’s Bobby Marks, the Knicks currently have $ 18 million space under the second apron that heads towards the summer of 2027.
The Knicks sent five choices in the first round to the nets last summer to acquire bridges. So they needed to extend it or put it in an exchange that made a significant performance. Now that Bridges is signed for the extension, it is not admissible to be mistaken for six months.