New Title: Knicks' Jalen Brunson Agrees to $156.5 Million Deal, Significantly Lower Than Previous Contract Worth $269.5 Million in 2025
Sports | July 12, 2024, 4:33 p.m.
Jalen Brunson of the New York Knicks has made a bold financial decision, agreeing to a $156.5 million contract extension that is significantly less than what he could have signed for in a year. This move provides roster flexibility for the contending franchise and sets Brunson up to potentially recoup the lost $113 million in the future with a maximum extension. Despite the risks involved, Brunson's priority is to maximize his career prime with the talented Knicks roster. His decision impacts the team's ability to make moves to compete for a championship. Brunson's choice reflects a trend among NBA stars structuring contracts to benefit their teams, similar to championship-winning organizations in other sports. With a strong connection to the Knicks and a stellar performance last season, Brunson's extension signifies a commitment to the team's success and a deep trust in the organization.