In a landmark move solidifying their roster, Mikal Bridges, the versatile forward for the New York Knicks, has reportedly agreed to a substantial four-year, $150 million contract extension. This pivotal agreement underscores the Knicks’ commitment to their core talent and marks a significant step in their ambitious pursuit of an NBA championship.
The terms of Bridges’ lucrative new deal include a player option for the 2029-30 season and a trade kicker, providing the 28-year-old star with both long-term financial security and crucial flexibility as he enters the prime years of his career. This extension, while slightly below his maximum eligible amount, reflects Bridges’ willingness to offer a modest discount, a strategic decision likely aimed at affording the New York Knicks greater financial maneuverability in future roster constructions.
Bridges joined the New York Knicks last offseason in a blockbuster trade from the Phoenix Suns, a move that remarkably reunited him with his former Villanova teammates, Jalen Brunson and Josh Hart, who were already integral parts of the Knicks’ formidable lineup. This reunion not only bolstered team chemistry but immediately elevated the team’s defensive prowess and offensive fluidity.
Throughout the past season, Mikal Bridges demonstrated his immense value, averaging 17.6 points, 3.2 rebounds, and 2.7 assists over a career-high 37 minutes per game. His consistent performance, elite perimeter defense, and versatile offensive skillset were instrumental as he started all 82 regular season games and 18 postseason games, guiding the Knicks on an impressive run to the Eastern Conference Finals.
Financially, Bridges’ $37.5 million average annual salary positions him as a key component of the New York Knicks’ future. This investment is strategically designed to enable the team to continue shaping its roster, potentially adding more key pieces to strengthen their bid as perennial NBA championship contenders in the coming seasons, underscoring the long-term vision for the franchise.
Prior to his impactful tenure with the Knicks, Bridges had established himself as a reliable scoring presence and a consistent outside shooter, boasting a 37.1% career success rate from beyond the arc. His career-high 20.1 points per game during the 2022-23 season, split between the Suns and Nets, highlighted his offensive growth before his pivotal trade to New York for a significant haul of draft picks, including five first-rounders.
This new NBA contract extension ensures that Mikal Bridges will remain a cornerstone of the New York Knicks for the foreseeable future, a vital asset as they build upon their recent success and continue their quest for a coveted NBA title. His presence is expected to be crucial in their ongoing efforts to compete at the highest level of professional basketball.