Jalen Brunson seems open to compromising in order to boost the New York Knicks’ chances of becoming a serious contender.

According to Fred Katz of The Athletic, the 27-year-old is contemplating accepting a maximum extension from the Knicks this offseason, amounting to a four-year, $156.5 million deal. Although this represents a significant sum, it would mean passing up on a potential five-year, $269.1 million contract he could secure after the 2024-25 season. Opting for the immediate extension would guarantee him $113 million more in earnings with an average annual value of $53.8 million, compared to $39.1 million under this offseason’s terms.

Katz reports that Brunson views this move as beneficial for the Knicks, potentially helping them avoid financial constraints in the near term and enhancing their prospects of contending for their first championship since 1973.

The security of a long-term deal is also a compelling factor for Brunson, who has expressed a strong preference to remain with the Knicks, citing familial ties to the organization. His loyalty is evident in his relationships with team president Leon Rose, head coach Tom Thibodeau, and his father, who serves as an assistant coach.

Brunson’s exceptional performance in the 2023-24 season, where he averaged 28.7 points, 6.7 assists, and 3.6 rebounds per game, contributed significantly to the Knicks’ success, culminating in a 50-32 record and the second seed in the Eastern Conference. Despite their eventual second-round exit, the Knicks bolstered their roster by re-signing OG Anunoby and acquiring Mikal Bridges from the Brooklyn Nets, positioning themselves as serious contenders in the East.

As Brunson weighs his options, the Knicks await his decision, with the official offer set to be presented on Friday.

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