Mikal Bridges agrees to $150 million extension with Knicks, AP source says

By Canadian Press on July 31, 2025.

NEW YORK (AP) — Mikal Bridges agreed to a four-year, $150 million extension with the New York Knicks on Thursday, a person with knowledge of the details said.

The person confirmed the deal to The Associated Press on condition of anonymity because it had not been announced. It was first reported by ESPN.

The Knicks gave up five first-round picks to acquire Bridges last June and he rewarded them by taking less than he could have earned to lock in to a future with former Villanova teammates Jalen Brunson and Josh Hart.

Bridges could have earned $156 million in this extension, or even more by waiting until his contract expired next summer. Instead, he took the deal that could allow the Knicks future flexibility to keep building a team that reached the Eastern Conference finals last season for the first time since 2000.

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AP NBA: https://apnews.com/hub/nba

Brian Mahoney, The Associated Press