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NBA Trade News: New York Knicks Mikal Bridges Agrees to $150 Million Contract Extension

NBA Trade News: New York Knicks Mikal Bridges Agrees to $150 Million Contract Extension

Time of India21 hours ago
The
New York Knicks
have officially locked in their new cornerstone.
Star forward Mikal Bridges
has agreed to a four-year, $150 million contract extension, securing his place in New York's future as the franchise intensifies its pursuit of an NBA championship.
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Mikal Bridges' Contract Breakdown: A Team-Friendly Yet Player-Driven Deal
Mikal Bridges' extension, valued at $150 million over four years, includes a player option for the 2029-30 season and a trade kicker. Notably, Bridges accepted slightly less than the maximum he was eligible for—$156 million—to give the
additional financial flexibility. This choice signals a clear commitment to team-building and long-term success, allowing the front office to maneuver around the salary cap more effectively.
From Brooklyn to the Garden: How Bridges Landed in New York
The Knicks acquired Bridges in a major trade with the
in June 2024. The deal sent five first-round draft picks to Brooklyn, a steep price that underscored New York's urgency to contend. Bridges reunited in Manhattan with former Villanova teammates
and Josh Hart, creating an instant sense of chemistry and leadership that paid off on the court.
A Standout Debut Season That Justified the Investment in Bridges
In his first full season with the Knicks, Bridges showcased why he's considered one of the league's premier two-way players:
• Played all 82 regular-season games as a starter
• Averaged 17.6 points, 3.2 rebounds, and 2.7 assists per game
• Delivered in the playoffs, helping New York reach the Eastern Conference Finals for the first time since 2000
• Excelled defensively, frequently locking down top scorers and making clutch plays on both ends of the court
Bridges also turned heads at Madison Square Garden with standout performances, including a 31-point game where he hit seven three-pointers in a pivotal victory.
Strategic Implications for the New York Knicks' Championship Plans
Bridges' deal locks in one of the franchise's key pieces as the New York Knicks reshape their roster around a strong core. Alongside Brunson and Hart, and bolstered by offseason additions Jordan Clarkson and Guerschon Yabusele, the Knicks are clearly going all-in.
The timing of the extension also aligns with a broader shift within the organization. Mike Brown was brought in as head coach after Tom Thibodeau's departure, aiming to bring a fresh approach following the team's playoff success.
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Mikal Bridges' slightly discounted contract gives New York more flexibility to add or retain talent in pursuit of a championship window.
A Fan Favorite Who Embodies New York's Identity
Since arriving, Bridges has become a fan favorite. His blend of toughness, unselfishness, and reliability has resonated with Knicks supporters, who see him as the kind of player built for the spotlight of Madison Square Garden. Social media reactions have been overwhelmingly positive, with fans praising the extension as a turning point in the franchise's modern era.
A Signal of Long-Term Ambition
The Mikal Bridges extension is more than just a contract—it's a clear statement of purpose. With a winning culture forming, a committed front office, and a fan base eager for success, the New York Knicks are positioning themselves not just for short-term gains but for sustained excellence.
Also read:
Mikal Bridges is now firmly at the heart of that mission. And with him locked in, the Knicks believe the best is yet to come.
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'Iron Man' Mikal Bridges Signs $150 Million Extension With New York Knicks: Report
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Last Updated: Mikal Bridges signs a four-year, $150 million extension with the New York Knicks, prioritizing team flexibility over a larger deal. He averaged 17.6 points in 2023-24. Mikal Bridges has committed his future to the New York Knicks, agreeing to a four-year, $150 million contract extension, as per the latest reports. The agreement, first reported by ESPN, has not yet been formally announced. The 27-year-old forward reportedly passed up the opportunity to earn even more by locking in now. Bridges could have secured a $156 million extension—or potentially more—by waiting until his current contract expired next summer. Instead, he opted for slightly less money in a move that offers the Knicks greater financial flexibility as they continue building a championship contender. The Knicks made a major investment to acquire Bridges from the Brooklyn Nets in June, sending five first-round picks in a blockbuster trade. His decision to take a below-maximum extension demonstrates his desire to stay with the franchise and reunite long-term with his former Villanova teammates Jalen Brunson and Josh Hart. The trio helped lead the Knicks to their deepest playoff run in decades. Bridges quickly validated the Knicks' trade, providing crucial perimeter defense and consistency throughout the 2024 playoffs. Bridges averaged 17.6 points per game in the 2023–24 season, taking on a supporting offensive role behind stars Jalen Brunson and newly acquired Karl-Anthony Towns. While his scoring numbers dipped slightly from his time with the Nets, his ability to adapt and contribute on both ends of the court made him invaluable to head coach Tom Thibodeau's system. 'Iron Man" Bridges has also never missed a game in his NBA or collegiate career, appearing in all 556 regular-season games since being drafted in the first round in 2018. Prior to his move to the Knicks, Mikal previously helped the Phoenix Suns reach the NBA Finals in 2021 and finished second in Defensive Player of the Year voting in 2022. In 2023, he was traded to Brooklyn as part of the Kevin Durant blockbuster deal and finished that season strong, averaging 26.1 points over the final 27 games. (with AP inputs) view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

NBA Trade News: New York Knicks Mikal Bridges Agrees to $150 Million Contract Extension
NBA Trade News: New York Knicks Mikal Bridges Agrees to $150 Million Contract Extension

Time of India

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NBA Trade News: New York Knicks Mikal Bridges Agrees to $150 Million Contract Extension

The New York Knicks have officially locked in their new cornerstone. Star forward Mikal Bridges has agreed to a four-year, $150 million contract extension, securing his place in New York's future as the franchise intensifies its pursuit of an NBA championship. Tired of too many ads? go ad free now Mikal Bridges' Contract Breakdown: A Team-Friendly Yet Player-Driven Deal Mikal Bridges' extension, valued at $150 million over four years, includes a player option for the 2029-30 season and a trade kicker. Notably, Bridges accepted slightly less than the maximum he was eligible for—$156 million—to give the additional financial flexibility. This choice signals a clear commitment to team-building and long-term success, allowing the front office to maneuver around the salary cap more effectively. From Brooklyn to the Garden: How Bridges Landed in New York The Knicks acquired Bridges in a major trade with the in June 2024. The deal sent five first-round draft picks to Brooklyn, a steep price that underscored New York's urgency to contend. Bridges reunited in Manhattan with former Villanova teammates and Josh Hart, creating an instant sense of chemistry and leadership that paid off on the court. A Standout Debut Season That Justified the Investment in Bridges In his first full season with the Knicks, Bridges showcased why he's considered one of the league's premier two-way players: • Played all 82 regular-season games as a starter • Averaged 17.6 points, 3.2 rebounds, and 2.7 assists per game • Delivered in the playoffs, helping New York reach the Eastern Conference Finals for the first time since 2000 • Excelled defensively, frequently locking down top scorers and making clutch plays on both ends of the court Bridges also turned heads at Madison Square Garden with standout performances, including a 31-point game where he hit seven three-pointers in a pivotal victory. Strategic Implications for the New York Knicks' Championship Plans Bridges' deal locks in one of the franchise's key pieces as the New York Knicks reshape their roster around a strong core. Alongside Brunson and Hart, and bolstered by offseason additions Jordan Clarkson and Guerschon Yabusele, the Knicks are clearly going all-in. The timing of the extension also aligns with a broader shift within the organization. Mike Brown was brought in as head coach after Tom Thibodeau's departure, aiming to bring a fresh approach following the team's playoff success. Tired of too many ads? go ad free now Mikal Bridges' slightly discounted contract gives New York more flexibility to add or retain talent in pursuit of a championship window. A Fan Favorite Who Embodies New York's Identity Since arriving, Bridges has become a fan favorite. His blend of toughness, unselfishness, and reliability has resonated with Knicks supporters, who see him as the kind of player built for the spotlight of Madison Square Garden. Social media reactions have been overwhelmingly positive, with fans praising the extension as a turning point in the franchise's modern era. A Signal of Long-Term Ambition The Mikal Bridges extension is more than just a contract—it's a clear statement of purpose. With a winning culture forming, a committed front office, and a fan base eager for success, the New York Knicks are positioning themselves not just for short-term gains but for sustained excellence. Also read: Mikal Bridges is now firmly at the heart of that mission. And with him locked in, the Knicks believe the best is yet to come.

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