In a surprising decision for the NBA, Jalen Brunson opted for a significantly smaller contract extension, foregoing over $100 million in potential earnings.
As reported by Adrian Wojnarowski of ESPN, Jalen Brunson has agreed to a four-year extension with the New York Knicks worth $156.5 million—$113 million less than the maximum amount he could have secured.
This contract features a player option for the fourth year. Had Brunson waited until 2025, he could have signed a five-year deal valued at $269 million with the Knicks. By declining his $43.3 million player option in 2028, he would be eligible for a four-year, $323 million contract, or a five-year, $418 million deal in 2029 if he completes his current contract.
Brunson’s decision enhances the Knicks’ flexibility, allowing them to better manage their roster and pursue additional talent. This strategic move is being compared to NFL quarterback Tom Brady’s approach with the New England Patriots, where Brady often took less money to help his team retain players and attract free agents.
The Knicks are projected to save about $37 million over the next three years by securing Brunson at this reduced rate rather than waiting for him to re-sign later.
Brunson’s contract details are as follows:
– **2025-26**: $34,944,001
– **2026-27**: $37,739,521
– **2027-28**: $40,535,041
– **2028-29**: $43,330,561 (Player Option)
The total value of the contract is four years, $156,549,124.
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