Breaking: New York Knicks forward Mikal Bridges has agreed to a four-year, $150 million contract extension with the franchise, his agents told Shams Charania.

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SNY initially reported the 28-year-old was eligible for a maximum four-year, $156 million extension. But, per Charania, Bridges took a slight discount to help New York’s roster-building efforts.

The Knicks had a window from July 6 to June 30, 2026, before Bridges was set to enter free agency, to secure a new contract with him. The new deal includes a player option for 2029-30 and a trade kicker, according to Charania.

Bridges initially found his way to New York across the East River when he landed in Brooklyn from Phoenix in exchange for Kevin Durant. He spent five seasons with the Suns before getting traded to the borough south of Manhattan.


MikalBridges

SF – NY – #25

2024 – 2025 season

17.6
Pts

3.2
Reb

3.7
Ast

0.5
Blk

37:01
Min

The former Villanova Wildcat averaged 26.1 points per game in 27 games for the Nets upon his arrival and 19.6 points per game after starting in all 82 games the following season.

Bridges was traded to the Knicks last offseason for Bojan Bogdanović, five first-round draft picks and a second-rounder. The move reunited Bridges with his former college teammates, Josh Hart and Jalen Brunson.

In his first season in blue and orange, Bridges proved to be a dynamic role player for the Knicks, averaging 17.6 points, 3.2 rebounds and 3.7 assists per game. His defense also shined in the Knicks’ playoff run before they eventually fell to the Indiana Pacers in the Eastern Conference finals. Bridges averaged 15.6 points, 4.5 boards, 0.9 blocks and 1.7 steals per game in this year’s postseason.

Bridges’ extension comes after the Knicks hired Mike Brown to replace Tom Thibodeau as their head coach. The team has also added reinforcements in free agency by signing Guerschon Yabusele and Jordan Clarkson.