Mikal Bridges signs $150 million contract extension with Knicks

Mikal Bridges will continue to play for the Knicks with his new contract extension.

Mikal Bridges secures $150 million contract extension with Knicks

Mikal Bridges secured a four-year, $150 million contract extension with the New York Knicks, a deal confirmed late Thursday. This extension includes a player option and starts in the 2026-27 season. Bridges chose this arrangement instead of waiting for free agency, where he could have signed a max contract worth nearly $300 million over five years. His decision to sign below the maximum salary helps the Knicks manage salary cap restrictions while keeping their core team intact for upcoming seasons. Bridges joined the Knicks last year from the Brooklyn Nets, a move that previously cost the Knicks five first-round picks. Despite early struggles with his new role as a fourth scoring option, he demonstrated durability by playing an impressive 556 consecutive games, earning recognition for his ability to stay on the court. His strong performance in the playoffs further solidified his value to the team, indicating why the Knicks are willing to invest significantly in him moving forward.

Bridges' contract extension reflects a strategic move by the Knicks to maintain flexibility while locking in essential players. The choice of closing in on a deal now enables the Knicks to focus their efforts on building team chemistry and pursuing a championship. This reaction follows a complex journey for Bridges, who, after making a significant transition from being a top offensive option in Brooklyn to a more supportive role in New York, has shown resilience. The Knicks' management seems committed to a long-term vision, banking on the success of their core players—but financial decisions could influence dynamics in the years to come, especially if performance does not meet expectations.

Highlights

Bridges' commitment suggests a hopeful trajectory for the Knicks as they aim for future success.