Mikal Bridges‘ new four-year contract extension with the Knicks will start at $33,482,145 in 2026/27, Hoops Rumors has learned. Bridges’ maximum first-year salary on a veteran extension would have been $34,860,000, so his actual deal will come in about $1.38MM below that.
Bridges will earn $36,160,714 in 2027/28 and $38,839,285 in ’28/29, with a ’29/30 player option worth $41,517,856, for a total of exactly $150MM.
Interestingly, while most trade kickers are worth either the maximum allowable 15% or a round number like 5% or 10%, the trade kicker on Bridges’ deal comes in at 5.69%.
Here are more details on recently signed contracts from around the NBA:
- Jaden Springer‘s one-year, minimum-salary contract with the Pelicans includes Exhibit 9 language but not an Exhibit 10 clause, Hoops Rumors has learned. Those terms Springer will be competing for a 15-man roster spot in training camp and likely doesn’t plan on joining New Orleans’ G League affiliate if he’s waived before opening night.
- The two-way contracts recently signed by Enrique Freeman with the Timberwolves and Daeqwon Plowden with the Kings are both just for one year, Hoops Rumors has confirmed. Freeman got the maximum allowable $85,000 partial guarantee and will have 50% of his $636,435 salary guaranteed if he remains under contract through opening night, while Plowden received a $75K partial guarantee.
- Max Shulga‘s two-way contract with the Celtics also just covers one season, Hoops Rumors has confirmed. That’s notable, since a handful of second-rounders drafted ahead of him signed two-year two-way deals. The No. 57 overall pick, who got a partial guarantee worth $85,300, will be eligible for restricted free agency in 2026.
Mikal is a nice player, but he looked exposed against the Pacers in the playoffs. I don’t think he is worth such a large piece of the Knicks’ payroll.