Jalen Brunson is at present contemplating accepting a four-year, $156.5 million contract extension that the New York Knicks can supply starting on Friday. Brunson would play out the 24-25 season on his present contract along with his participant possibility for 25-26 being eradicated. If Brunson waits till his 2025 free company, he can signal a max contract at $269.1 million over 5 years, which is a distinction of $113 million assured and an annual common of $39.1 million in opposition to $53.8 million.
Brunson may signal the cheaper extension after which change into a free agent in 2028 when he can be eligible for a 35 % max and make a few of that cash again by incomes $263.1 million from 2025 till 2030.
Sources say the extension is being thought of by Brunson due to the safety it will present and since he has little interest in enjoying elsewhere. A supply additionally says that Brunson is contemplating the cheaper extension as a result of it will assist the Knicks keep away from the second apron within the rapid future to proceed constructing round him.
OG Anunoby simply re-signed with the Knicks on a five-year, $212.5 million, whereas Mikal Bridges will likely be a free agent in 2026. Julius Randle may additionally change into a free agent in 2025 and figures to obtain a elevate or a doable exit.
Brunson, who’s represented by Aaron Mintz and Sam Rose, averaged 28.7 factors, 3.6 rebounds and 6.7 assists in 35.4 minutes over 77 video games final season whereas making the All-NBA Second Group.