Jalen Brunson quickly agreed to extend his stay with the New York Knicks, a team that has been on the rise since his arrival. On Friday, Brunson signed a four-year contract extension worth approximately $156.5 million, according to a source familiar with the details.
Brunson could have earned a more lucrative deal by waiting until next year, potentially securing a five-year, $269 million contract as a free agent in 2025. However, he chose to sign the extension on the first day it was available, providing financial flexibility to the Knicks. The point guard has led the team to the second round of the playoffs in both seasons since joining.
“Jalen has embraced every challenge since he’s come to New York and has been committed since day one to the vision and plan we set forth for the future of this team. Since Jalen joined us two years ago, he has consistently led by example and continues to show a willingness to sacrifice for this organization, his teammates and everyone in the Knicks family,” Knicks President Leon Rose said in a statement.
While the Knicks did not disclose the terms of the deal, they were confirmed to The Associated Press under condition of anonymity. ESPN first reported the details, with Brunson’s agent confirming his client chose the extension over the potential five-year contract in 2025.
