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Knicks sign Mikal Bridges to long-term contract extension

Per multiple reports, Bridges' extension is 4-year, $150 million deal that includes a player option for 2029-30.

Mikal Bridges averaged 17.6 points, 3.2 rebounds and 3.7 assists in his 1st season with the Knicks.

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The New York Knicks announced Friday that the team has signed Mikal Bridges to a contract extension.

“We are pleased to sign Mikal to a long-term contract extension and for his commitment to what we are building in New York,” said Knicks president Leon Rose in a statement. Since Mikal’s arrival with us a little over a year ago, he has shown his dedication, professionalism, and winning pedigree on and off the court on a daily basis,” said Knicks president Leon Rose.

According to multiple reports, Bridges’ extension is a four-year, $150 million deal that includes a player option for 2029-30.

The Knicks gave up five first-round picks to acquire Bridges last June and he rewarded them by taking less than he could have earned to lock in to a future with former Villanova teammates Jalen Brunson and Josh Hart.

Bridges could have earned $156 million in this extension, or even more by waiting until his contract expired next summer. Instead, he took the deal that could allow the Knicks future flexibility to keep building a team that reached the Eastern Conference finals last season for the first time since 2000.

Bridges made a couple of huge defensive plays when the Knicks knocked off the 2024 NBA champion Boston Celtics in the Eastern Conference semifinals.

The Knicks sought those defensive abilities and his availability to play every game, which is unmatched among current NBA players, when they traded a huge package of picks to acquire Bridges from the Brooklyn Nets last summer.

Bridges played in every game — as he has in every season in the NBA — and averaged 17.6 points. The NBA’s reigning iron man also played in every game in college before appearing in all 556 since entering the NBA as a first-round pick in 2018.

He helped Phoenix reach the NBA Finals in 2021 and was runner-up for Kia Defensive Player of the Year the following season, before being dealt to Brooklyn at the 2023 trade deadline as part of the package for Kevin Durant.

Bridges averaged 26.1 points in the final 27 games of that season and 19.6 in 2023-24, before becoming more of a supporting offensive piece with the Knicks behind Brunson and Karl-Anthony Towns.

New York made moves on the margins in the offseason, signing super-sub Jordan Clarkson to a reported one-year deal and rugged forward Guerschon Yabusele to a reported two-year deal. The Knicks are hoping those additions to their core (plus new coach Mike Brown) will help them reach the NBA Finals for the first time since 2000.

Information from The Associated Press was used in this report.

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