Mikal Bridges is anticipated to signal a team-friendly extension with the New York Knicks much like the one signed final week by Jalen Brunson, sources inform Marc Stein. Bridges can signal a two-year extension in October or a four-year deal if he waits till the 2025 offseason.
The Knicks traded 5 first spherical picks and a decide swap to the Brooklyn Nets for Bridges. The outlay was substantial for the Knicks, however their capability to subsequently signal each Brunson and Bridges to favorable extensions modifications the calculus as they’ll be capable of construct out and retain their roster in a means that would not have been out there to them had each gamers sought each out there greenback within the short-term.
Bridges signed a four-year, $90.9 million extension with the Phoenix Suns in 2021, which instantly grew to become one of many higher contracts within the NBA. Bridges can signal a two-year, $72.5 million extension in October, or he can signal a three-year, $112.9 million deal subsequent offseason. Bridges’ present deal has no choices, so it can’t start till the 26-27 season. Conversely, Bridges can wait till 2026 when he turns into a free agent to signal a five-year deal value practically $297 million at 30 % of the cap.
