Jalen Brunson is currently considering accepting a four-year, $156.5 million contract extension that the New York Knicks can offer beginning on Friday. Brunson would play out the 24-25 season on his existing contract with his player option for 25-26 being eliminated. If Brunson waits until his 2025 free agency, he can sign a max contract at $269.1 million over five years, which is a difference of $113 million guaranteed and an annual average of $39.1 million against $53.8 million.
Brunson could sign the cheaper extension and then become a free agent in 2028 when he would be eligible for a 35 percent max and make some of that money back by earning $263.1 million from 2025 until 2030.
Sources say the extension is being considered by Brunson because of the security it would provide and because he has no interest in playing elsewhere. A source also says that Brunson is considering the cheaper extension because it would help the Knicks avoid the second apron in the immediate future to continue building around him.
OG Anunoby just re-signed with the Knicks on a five-year, $212.5 million, while Mikal Bridges will be a free agent in 2026. Julius Randle could also become a free agent in 2025 and figures to receive a raise or a possible exit.
Brunson, who is represented by Aaron Mintz and Sam Rose, averaged 28.7 points, 3.6 rebounds and 6.7 assists in 35.4 minutes over 77 games last season while making the All-NBA Second Team.
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