The NBA offseason has brought significant changes and substantial contracts for some notable players, reshaping the rosters and future prospects of their respective teams. Among the most headline-grabbing agreements is Jalen Brunson's four-year, $156 million contract extension with the New York Knicks. This deal solidifies Brunson's role as a cornerstone for the Knicks as the franchise endeavors to elevate its competitive stature around the talented point guard.
Meanwhile, Mikal Bridges has also found himself in a favorable position under the NBA's extend-and-trade rules. As of October 1, Bridges became eligible for an extension. This procedural change followed his earlier career milestone in 2021 when he secured a four-year, $90 million rookie extension with the Phoenix Suns. His journey took another turn on July 6, when he was traded, setting the stage for potential new deals under these specific rules.
Bridges’ Contract Scenarios
Under the extend-and-trade rules, Bridges could re-sign for up to four total years, including a 20% raise in the first year of the new deal followed by 5% annual raises. With two years still remaining on his original contract, he stands to gain around $61.2 million in new money if he opts for this route. The extend-and-trade mechanism allows him flexibility while ensuring substantial financial rewards.
However, patience could yield even greater financial gain for Bridges. Should he decide to wait until the next offseason to ink a new deal, he could secure a contract worth approximately $113 million over three new years. Further down the line, starting July 1, 2025, he can utilize the typical veteran extension guidelines. This path holds the potential for a 40% raise in the first new year, followed by 8% annual raises, enabling him to accumulate roughly $156 million over four new years and about $181 million in total earnings.
If Bridges prefers to explore his worth in the 2026 offseason, even greater earnings could await. For instance, he could sign a five-year deal starting at 30% of the salary cap with 8% annual raises, positioning him to potentially earn up to $296 million. However, should he engage with another team, the constraints would limit his maximum contract to four years with 5% annual raises—a substantial sum, albeit less lucrative than staying with his current team.
OG Anunoby's Record Re-signing
In another significant offseason move, OG Anunoby has re-signed with New York for a remarkable $212.5 million. This deal not only highlights Anunoby's value to the team but also underscores the financial muscles being flexed in the league's current economic landscape. With such high-value contracts being signed, the competitive balance and financial strategies of various franchises are being closely scrutinized.
The flurry of lucrative extensions and strategic signings encapsulates the high-stakes environment of the NBA. Teams are not just investing in talented players; they are making calculated bets on the future, attempting to build rosters capable of contending at the highest levels for years to come. As the dust settles on these offseason moves, fans and analysts alike will be keenly observing how these financial commitments translate into on-court success.