The Knicks signed Mikal Bridges to a four-year, $150 million extension amid concerns about the fate of Giannis Antetokounmpo in Milwaukee. Management took nearly four weeks to finalize the deal after Bridges became eligible. Bridges opted for a deal that is $6 million less than the maximum, which may affect the team's salary cap strategy moving forward. The contract includes a player option for the fourth year and a 15% trade kicker, beginning in the 2026-27 season. Bridges' first-year salary will be under $33.5 million.
The Knicks officially inked Mikal Bridges to a four-year, $150 million extension, a decision that took management nearly four weeks past his initial eligibility to execute.
Bridges took $6 million less than the maximum extension he could've received, which raises questions about the implications for the team's overall salary cap strategy.
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