Reports: Mikal Bridges agrees to 4-year, $150 million extension with Knicks

Fresh off playing an integral role in the New York Knicks reaching their first Eastern Conference finals appearance in 25 years, forward Mikal Bridges agreed to a four-year, $150 million contract with the team on Thursday, according to multiple media reports.
The deal reportedly includes a player option for 2029-30 and a trade kicker, making Bridges, 28, ineligible to be traded for six months after the signing extension. His previous deal was set to expire following the 2025-26 season.
The new contract is reportedly a slight discount from his potential max extension of $156 million. By agreeing to a reduced salary, though, the Knicks gain more flexibility to continue building out the roster and potentially make another deep playoff run.
New York acquired Bridges last summer as part of a massive trade that included sending four unprotected first-round picks and one protected first-rounder to the Brooklyn Nets.
In 82 regular-season games last season for the Knicks, all starts, Bridges averaged 17.6 points on 50 percent shooting from the floor, including a 35.4 percent clip from 3-point range. During the playoffs, Bridges contributed 15.6 points on 45.6 percent shooting as well as 1.7 steals per game.
He has averaged 14.8 points during his seven-year career that includes stops with Phoenix (2018-23), Brooklyn (2022-24) and New York.