Breaking: NY Knicks Make Huge Financial Commitment To Key Player

While some wondered if the New York Knicks, in their attempts to land a 'superstar' this summer, could make Mikal Bridges available in a trade, the team has instead re-upped with the star wing, signing him to a huge four-year extension.

BREAKING: New York Knicks forward Mikal Bridges has agreed to a four-year, $150 million contract extension with the franchise, agents Sam Goldfeder and Jordan Gertler of Excel Sports Management tell ESPN. The new deal includes a player option for 2029-30 and a trade kicker. pic.twitter.com/xuiYvzykqJ

— Shams Charania (@ShamsCharania) July 31, 2025

It's a 4-year, $150 million contract extension, and is a slight discount from the $156M max amount he would have been eligible for.

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