Mikal Bridges, Knicks Agree To Four-Year Extension

The Knicks and forward Mikal Bridges have agreed to a four-year, $150MM contract extension, according to ESPN’s Shams Charania (Twitter link). The deal will include a player option for 2029/30 and a trade kicker.

As Charania notes in a follow-up tweet, Bridges is accepting a deal slightly lower than the max he could have received in an extension, which was $156.2MM. By taking a small discount, Bridges will help the Knicks maintain a little more roster flexibility moving forward. Teammate Jalen Brunson took a similar approach when extending last year.

Bridges was entering the last year of his current contract and would have become eligible for an additional year and a higher starting salary if he had reached free agency in 2026.

The Knicks acquired Bridges from the Nets in the summer of 2024 for a package that included five first-round picks, two of which became Ben Saraf and Nolan Traore last month. In his first season with the Knicks, Bridges averaged 17.6 points, 3.2 rebounds and 3.7 assists per game while appearing in all 82 regular season contests. He hasn’t missed a game in his career.

Bridges’ first season in New York was up and down — his 35.4% three-point percentage was his lowest mark since his rookie season. However, he helped the Knicks make the Eastern Conference Finals for the first time in 25 years and remains a key piece of the future.

Brunson, OG Anunoby and Bridges are all now under contract through at least ’27/28, while Karl-Anthony Towns and Josh Hart hold player options for that season.

Bridges will be ineligible to be traded for six months once the deal is officially finalized.

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