Jalen Brunson and Mikal Bridges: Key Moves and Contract Extensions in NBA

Jalen Brunson and Mikal Bridges: Key Moves and Contract Extensions in NBA

As the NBA landscape continues to evolve, contracts and rosters are rapidly shifting, reflecting the ambitions and strategies of various franchises. Two notable players making headlines in terms of contract negotiations are Jalen Brunson and Mikal Bridges, with each securing substantial deals that signify their respective teams' confidence in their abilities.

Jalen Brunson's Major Commitment with the Knicks

Jalen Brunson has committed his future to the New York Knicks by signing a four-year, $156 million contract extension. This move cements Brunson's place as a core player in the Knicks' lineup, showcasing the franchise's dedicated effort to build a competitive team around their talented point guard. Brunson's journey to this point underscores his development and value within the team, making this substantial investment a clear message of the Knicks' vision and trust in his skills.

Mikal Bridges: Trade and Extension Scenarios

On October 1, Mikal Bridges became eligible under the NBA's extend-and-trade rules for a contract extension. Bridges' career took a significant turn when he secured a four-year, $90 million rookie extension with the Phoenix Suns back in 2021. However, his involvement in the trade on July 6 has opened up new avenues for his contractual future. The extend-and-trade rules present Bridges with an opportunity to sign for up to four years, with a 20% raise in the first year of the new deal and 5% annual raises subsequently. With two remaining years on his original contract, Bridges could potentially add around $61.2 million in new money through this route. Alternatively, if Bridges decides to wait until the next offseason, he opens doors to a more lucrative contract. By then, he could secure a deal worth approximately $113 million over three new years under more favorable conditions.

Long-term Prospects for Bridges

Starting July 1, 2025, Bridges will be eligible to negotiate under the typical veteran extension guidelines, which allow for a significant 40% raise in the first new year, followed by 8% annual raises. This pathway could enable Bridges to add four additional years to his contract instead of two, potentially allowing him to secure around $156 million over four new years and approximately $181 million in total, reinforcing his long-term value. Looking forward to the 2026 offseason, Bridges might leverage his performance and market value to sign a monumental five-year deal starting at 30% of the salary cap with 8% annual raises, potentially netting up to $296 million. Should Bridges explore opportunities with another team, his maximum potential contract would be capped at four years with 5% annual raises, defining the boundaries of his market value in external negotiations.

OG Anunoby's Re-signing: A Strategic Move

Adding another layer to the Knicks' strategic maneuvers, OG Anunoby has re-signed in New York for $212.5 million. This substantial commitment underscores the franchise's broader strategy to build a robust and competitive roster capable of challenging the heavyweights of the league. In summary, the recent contract extensions and market moves by players such as Jalen Brunson and Mikal Bridges reveal the NBA's dynamic nature, where teams continuously adjust their strategies to align with their goals. By securing these key players, the New York Knicks, Phoenix Suns, and potentially other teams are looking to bolster their rosters, ensuring both immediate competitiveness and future sustainability. As these players develop and contracts unfold, their performances will be pivotal in influencing the competitive landscape of the league.