Knicks Secure Mikal Bridges with Landmark $150 Million Extension

knicks Lock Up mikal Bridges with $150 Million Extension

NEW YORK, NY – In a significant move for teh New York Knicks, forward Mikal Bridges has agreed to a four-year, $150 million contract extension, his representatives from Excel Sports Management confirmed Thursday. The deal secures Bridges’ future with the team thru the 2028-29 season and includes a player option for 2029-30, along with a trade kicker.

The extension prevents Bridges from being traded for at least six months following the signing. while slightly below his potential maximum extension value of $156 million, Bridges’ willingness to accept a reduced figure demonstrates a commitment to the Knicks’ long-term roster building strategy, allowing the team to maintain financial flexibility.

Bridges played a crucial role in the Knicks’ extraordinary 2023-24 season, which culminated in their first eastern Conference finals appearance in 25 years, alongside key players like Jalen Brunson and Karl-Anthony Towns.

the signing resolves a key question mark for the Knicks this offseason. Coupled with Brunson’s extension in 2024, the team now operates with greater freedom under both salary cap aprons, opening possibilities for further roster additions.

Bridges arrived in New York last summer in a trade that sent a substantial package of five first-round draft picks to the Brooklyn Nets. His initial campaign with the Knicks was marked by adjustments, including a shift in defensive responsibilities – guarding primary ball-handlers, a role different from his previous experience where he was a Defensive Player of the Year candidate. This change impacted his offensive opportunities, leading to fewer free throw attempts as he transitioned to a fourth option in the Knicks’ offense.

there were moments of friction, notably bridges’ public request to coach Tom Thibodeau in March to moderate the starters’ heavy workload. However, Bridges consistently showcased his value, playing in all 82 games and ranking second in the NBA in corner three-pointers made. He also excelled in midrange shooting, finishing third in the league in field goal percentage from that range (minimum 150 attempts), behind only Kevin Durant and Devin Booker.Bridges proved his worth in the playoffs, delivering key performances during the Celtics series, including multiple impactful fourth quarters. He also made critical defensive plays in the final moments of Games 1 and 2, helping the knicks secure dramatic, come-from-behind victories.

The knicks’ commitment to Bridges signals a strong belief in his potential and solidifies a core group poised to contend in the Eastern Conference for years to come.

What is the total value of Mikal Bridges’ contract extension with the New York Knicks?

The Deal: A Deep Dive into the Contract Details

The New York Knicks have solidified their commitment to wing player Mikal Bridges, signing him to a four-year, $150 million contract extension. This meaningful investment signals the Knicks’ belief in Bridges as a cornerstone of their future and a key component of their championship aspirations. The deal, finalized on August 5th, 2025, includes a player option in the final year.

HereS a breakdown of the financial structure:

Year 1 (2025-26): $35 Million

Year 2 (2026-27): $37 Million

Year 3 (2027-28): $39 Million

Year 4 (2028-29): $39 Million (Player Option)

This extension places bridges among the highest-paid players on the knicks roster, reflecting his value as a versatile two-way player. The contract was negotiated by Bridges’ agent,Rich Paul of Klutch sports,and the Knicks’ front office,led by General Manager Scott Perry.

Bridges’ Impact on the Knicks: On-Court Performance & Value

Since arriving in New York via the trade that sent Kevin Durant to phoenix, mikal Bridges has quickly become a fan favorite and a vital piece of the knicks’ puzzle. His defensive prowess, coupled with his improving offensive game, makes him a highly sought-after commodity in today’s NBA.

Key stats from the 2024-25 season demonstrate his impact:

Points Per Game: 18.5

Rebounds Per Game: 4.2

Assists Per Game: 2.8

Steals Per Game: 1.1

3-Point Percentage: 36.5%

Bridges’ ability to guard multiple positions is especially valuable. He consistently draws tough assignments, effectively shutting down opposing wings and even holding his own against some guards. This defensive versatility is a cornerstone of Coach Tom Thibodeau’s system. His offensive contributions, including improved shot creation and consistent three-point shooting, are steadily increasing, making him a more complete player.

How This Extension Affects the Knicks’ Future & Cap Space

The $150 million extension has significant implications for the Knicks’ future cap space and roster flexibility. While it secures a key player long-term, it also limits their ability to pursue othre high-profile free agents in the coming years.

Here’s a look at the potential impact:

1. Reduced cap Flexibility: The extension consumes a considerable portion of the Knicks’ salary cap,perhaps hindering their ability to add significant pieces through free agency.
2. Focus on Internal Progress: With limited cap space, the Knicks will likely prioritize developing their existing young talent, such as RJ Barrett and Immanuel Quickley, alongside Bridges.
3. Trade Asset Considerations: The Knicks may need to explore trade options to create cap space or acquire complementary players, potentially leveraging assets like draft picks or other young players.
4. Luxury Tax Implications: The extension pushes the Knicks further into the luxury tax,adding to the team’s overall financial commitment.

Bridges’ Player Profile: Scouting Report & strengths

Mikal Bridges, a 6’6″ wing, was originally drafted 17th overall by the Philadelphia 76ers in 2018 before being traded to the Phoenix Suns. His strengths lie in his:

Elite Defense: Known for his length, quickness, and relentless effort on the defensive end.

Efficient Shooting: A reliable three-point shooter who consistently knocks down open looks.

Off-Ball Movement: Excellent at cutting and finding open spaces on the floor.

High Basketball IQ: Makes smart decisions with the ball and understands the game well.

Versatility: Capable of playing multiple positions, making him a valuable asset in various lineups.

Areas for potential enhancement include:

Shot Creation: Developing a more consistent ability to create his own shot off the dribble.

post-Up Game: Adding a post-up threat to his offensive repertoire.

* Playmaking: Increasing his assist numbers and becoming a more impactful playmaker.

The Broader NBA Landscape: Comparable Contracts & Market Value

Comparing Bridges’ extension to similar players in the NBA reveals its fair market value. Players like OG Anunoby (Toronto Raptors) and Andrew Wiggins (Golden State Warriors) have signed contracts in a similar range, reflecting the premium placed on versatile, two-way wings.

Here’s a fast comparison:

| Player | Team | contract Value (Total) |

|—————–|——————-|————————|

| Mikal Bridges | New York Knicks | $150 Million |

| OG Anunoby | Toronto Raptors | $115 Million |

| Andrew Wiggins | Golden State