Jalen Brunson Weighs $157M Deal To Aid Knicks' Salary Cap

Photo: Instagram/Jalen Brunson

Jalen Brunson is considering a major contract move to help the New York Knicks become serious title contenders. Fred Katz from The Athletic reported that Brunson might accept a four-year, $156.5 million max extension from the Knicks this offseason.

If Brunson waits until after the 2024-25 season, he could get a five-year, $269.1 million deal, earning an extra $113 million. However, signing now would give the Knicks more financial flexibility to build a stronger team.

"A league source says it's one reason he's considering taking the cheaper extension, which could help the Knicks avoid the second apron in the immediate future, giving the franchise a better chance to win its first championship since 1973," Katz wrote.

Photo: Instagram/Jalen Brunson

Brunson also values the security of signing now and prefers to stay in New York. "Brunson has no interest in playing elsewhere, according to sources close to him. He has referred to the Knicks as 'family' — in some cases, literally," Katz added.

The 27-year-old had a stellar 2023-24 season, averaging 28.7 points, 6.7 assists, and 3.6 rebounds in 77 games. He led the Knicks to a 50-32 record and the No. 2 seed in the Eastern Conference. Despite falling in the second round, the Knicks made big moves by re-signing OG Anunoby and getting Mikal Bridges from the Brooklyn Nets, boosting their title hopes.

If Brunson takes the max value deal, the Knicks might have to spend less on other players, affecting their championship chances. Additionally, Brunson could hit free agency earlier, allowing him to potentially earn more later. He has until Friday to make his decision.

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