The New York Knicks accrued a total of $37.1 million in future cap savings by signing Jalen Brunson to a four-year extension this summer rather than a five-year deal in 2025, according to ESPN's Adrian Wojnarowski. Brunson's deal is worth $156.
5 million over the stretch, rather than the $269 million he could have gotten next offseason, Wojnarowski reported. Here's how it looks pic.twitter.
com/AKsU33fmby Brunson's deal comes with a fourth-year player option for the 2028-29 season, Wojnarowski noted. The deal --- which will cost Brunson $37.1M over the next three years --- comes with a fourth-year player option, Rose said, and that would set up Brunson to recoup the rest of the $113M on a four-year, $323M extension in 2028 or a new five year, $418M deal in 2029.
For now, Brunson's extension will help the Knicks participate in free agency, trade and the draft by keeping the team below the second salary cap apron, per Wojnarowski . Per Spotrac , the Knicks have $4.9 million in first apron space and are $15.
7 million under the second apron. The contract maintains Brunson's salary at less than 23 percent of the cap throughout the duration of the contract, CapSheets' Yossi Gozlan noted. Jalen Brunson's annual salaries on his four year, $156.
5 million maximum extension with the New York Knicks.His $25 million salary for 2025-26 will be increased to $34.9 million.
He will earn $15 million less annually than his maximum salaries over the next three seasons. pic.twitter.
com/6NJ21cXQLb Th.