Brunson and Bridges Solidify Their Futures in the NBA
In recent developments that have significant implications for the New York Knicks and Phoenix Suns, Jalen Brunson has secured a four-year, $156 million contract extension with the Knicks. This deal underscores the franchise's unwavering commitment to building a competitive team around their talented point guard. Brunson’s presence in the core of the Knicks' roster points to a strategic move by the franchise as they look to solidify their standing in the NBA.
Meanwhile, Mikal Bridges, who recently became eligible for an extension under the NBA's extend-and-trade rules, has some interesting financial decisions ahead. Bridges previously cemented his future with the Phoenix Suns in 2021 by signing a four-year, $90 million rookie extension. Having been traded on July 6, Bridges' contractual landscape is poised for potential changes under the league's regulations.
The extend-and-trade rules present Bridges with several lucrative paths. He is eligible to sign for up to four total years, receiving a 20% raise in the first year of the new deal and subsequent annual raises of 5%. With two years remaining on his original contract, this could mean around $61.2 million in new money for Bridges.
However, if Bridges decides to wait until the next offseason, his earnings could be even more substantial. He could sign a contract worth approximately $113 million over three new years. Starting July 1, 2025, Bridges can leverage typical veteran extension guidelines, which allow for a 40% raise in the first new year, followed by 8% annual raises. This scenario could enable Bridges to secure four additional years on his deal instead of two, potentially guaranteeing him around $156 million over four new years and total earnings of approximately $181 million.
Looking further ahead, the 2026 offseason offers possibly the most lucrative option for Bridges. By then, he could sign a five-year deal starting at 30% of the salary cap with 8% annual raises, potentially earning up to an eye-watering $296 million. However, if Bridges opts to sign with another team, the maximum potential contract he could secure would be limited to four years with 5% annual raises, a stark contrast to the financial options available if he remains with his current team.
In another notable transaction, OG Anunoby has re-signed with New York, securing a substantial deal worth $212.5 million. This move further bolsters New York’s roster, equipping them with strong talent as they aim to make a significant impact in the league.
These contract developments highlight a broader trend in the NBA, where franchise players are securing long-term deals that reflect their value and potential contributions to their teams. Both the New York Knicks and Phoenix Suns are making strategic investments in their rosters, aiming not only for immediate success but also for sustained competitiveness in an increasingly dynamic league.
As the NBA continues to evolve, players like Jalen Brunson, Mikal Bridges, and OG Anunoby will play pivotal roles in shaping the future of their respective teams. Their contracts are not merely financial agreements but pivotal elements that define the strategic direction and aspirations of their franchises. It will be compelling to watch how these moves unfold on the court and how they impact the broader landscape of the NBA in the seasons to come.