Brunson has inked a four-year, $156.5 million extension with the Knicks, as reported by ESPN’s Adrian Wojnarowski. This deal represents a $113 million reduction from what he could have potentially earned next offseason.
While this decision means Brunson will earn less than his maximum eligibility—and likely less than what many believe he deserves—it significantly enhances New York’s financial flexibility to construct a championship-contending roster around him.
Build him a statue 🥲
— Josh Hart (@joshhart) July 12, 2024
I kind of can't believe this? Wow. That is a gigantic decision, and it's going to be really interesting to see what ripple effects stem from it, both for the Knicks and around the league. https://t.co/pQYaf8NrlC
— Dan Devine (@YourManDevine) July 12, 2024
In a largely unprecedented financial concession to give roster flexibility to a contender, New York Knicks star Jalen Brunson has agreed on a four-year, $156.5 million extension, his agent Sam Rose of CAA tells ESPN — $113M less guaranteed than he’s eligible to receive in one… pic.twitter.com/DDJvz7TUlr
— Adrian Wojnarowski (@wojespn) July 12, 2024
In a largely unprecedented financial concession to give roster flexibility to a contender, New York Knicks star Jalen Brunson has agreed on a four-year, $156.5 million extension, his agent Sam Rose of CAA tells ESPN — $113M less guaranteed than he’s eligible to receive in one… pic.twitter.com/DDJvz7TUlr
— Adrian Wojnarowski (@wojespn) July 12, 2024
JALEN BRUNSON JUST PUT HIS NUMBER IN THE MSG RAFTERSpic.twitter.com/DJsRZKP3eD
— KnicksMuse (@KnicksMuse) July 12, 2024
BUILD THE JALEN BRUNSON STATUE 🐐 pic.twitter.com/5ccgIMXK18
— Knicks Videos (@sny_knicks) July 12, 2024
Following news of his extension, Knicks fans lauded Brunson for prioritizing the team’s success.
Already considered a bargain for the Knicks before his new contract, Brunson’s willingness to take a substantial pay cut arguably cements him as one of the best value-for-money players in the NBA.
Since joining the Knicks in the 2022-23 season, the 27-year-old guard has risen to prominence. Last season, he averaged 28.7 points and 6.7 assists per game while shooting 47.9 percent from the field and 40.1 percent from beyond the arc.
During the playoffs, Brunson elevated his game further, averaging 32.4 points and 7.5 assists per game, nearly guiding New York to its first Eastern Conference Finals appearance since 2000. His standout performances included scoring 47, 40, 41, and 43 points in consecutive games against the Philadelphia 76ers and Indiana Pacers, showcasing his ability to excel under pressure.
Heading into his third season with the Knicks, Brunson aims to lead his team to new heights and compete for an NBA championship.
The Knicks have positioned themselves as strong contenders in the Eastern Conference, bolstered by recent acquisitions such as Mikal Bridges from the Brooklyn Nets. With additional potential moves in the pipeline before the season commences, New York appears poised to challenge the reigning East champions, the Boston Celtics.
Considering the Knicks’ impressive playoff run in 2024 despite injuries to key players like Julius Randle, a fully healthy squad could prove formidable in postseason play.