**Jalen Brunson’s Potential Extension with Knicks Could Be $269.1 Million**
The New York Knicks have made significant moves this offseason, acquiring Mikal Bridges and re-signing OG Anunoby, a top wing defender. However, their most impactful move might be extending Jalen Brunson’s contract.
According to Fred Katz of The Athletic, Brunson stands to earn significantly more if he waits until the 2025 free agency to re-sign, potentially leading to him delaying his decision.
“On July 12, exactly two years after Brunson signed with the Knicks, they can offer their All-Star point guard a long-term extension. Due to collective bargaining agreement rules, this deal would be less lucrative than what he could get by waiting until 2025,” Katz noted on July 8.
Katz added that if Brunson waits until 2025, he could sign a max contract worth an estimated $269.1 million over five years. However, the extension offered on July 12 would be for $156.5 million over four years.
**Brunson Considering Taking Less Money**
Despite the financial advantage of waiting, Brunson is considering taking the extension now. This decision, while less lucrative, provides security against potential injuries that could impact his earnings.
“The extension remains an option for security reasons,” Katz explained, noting that Brunson has no interest in playing elsewhere.
Understanding the challenges posed by the first and second aprons to team building under the current CBA, Brunson recognizes that accepting a cheaper extension could benefit the Knicks financially.
“Brunson is aware of the CBA-related team-building issues,” Katz wrote. “By taking a less expensive extension, he could help the Knicks avoid the second apron, enhancing their championship prospects.”
**Brunson Proves His Worth**
Regardless of when he signs, Brunson has demonstrated his value to the Knicks and the NBA. The 6-foot-2 Villanova product had his best season in 2023-24, excelling in the playoffs.
Averaging 28.7 points, 3.6 rebounds, and 6.7 assists, Brunson set career highs and earned his first All-Star nod and a spot on the All-NBA second team, shooting 40.1% from three-point range.
The Knicks, having sought a superstar for years, seem to have found one in the New Jersey native. Their goal now is to secure his long-term presence.
“They will offer him the extension on July 12, hoping their All-Star point guard will commit to his favorite team,” Katz concluded.
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