It's Official: Jalen Brunson is a New York Knick

It's finally a done deal: Jalen Brunson is officially a New York Knick. ESPN's Adrian Wojnarowski reports that Brunson and the Knicks have agreed on a four-year $104 million deal, which includes a player option on the fourth year.

Woj reported that the Mavs had a five-year, $106-plus million offer on hand for the lefty point guard before he met with the Knicks.

This deal with the Knicks allows him to earn more annually ($26 million) than what the Mavericks offered ($21.2 million).

New York gets the man it has been targeting over the past couple of weeks. A month ago, the Knicks hired Brunson's father Rick as one of their assistant coaches. Over the past week, they cleared up over $30 million in cap space by trading Kemba Walker, Nerlens Noel, and Alec Burks to the Detroit Pistons.

As for the Mavericks, this is a brutal loss for the team that just made the Western Conference Finals. Brunson had a breakout season with Dallas, where he averaged 16.3 points and 4.8 assists while shooting over 50 percent from the field.

Brunson turned it up a notch in the postseason, which contributed to his value inflating ahead of free agency. In 18 playoff games, the 6-foot-1 guard averaged 21.6 points, 4.6 rebounds, and 3.7 assists, while shooting 46.6 percent from the field.

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