Knicks' Jalen Brunson accepts $156.5M, $113M less than '25 deal - ESPN

In a largely unprecedented financial concession to give roster flexibility to a contending franchise, New York Knicks All-NBA guard Jalen Brunson has agreed to a four-year, $156.5 million contract extension — $113 million less guaranteed than he is eligible to sign for a year from now — his agent, Sam Rose of CAA, told ESPN on Friday.

The deal, which begins in 2025-26 and will cost Brunson $37.1 million over the next three years, comes with a fourth-year player option, Rose said, and that would set up Brunson to recoup the $113 million on a four-year, $323 million maximum extension in 2028 or a new five-year, $418 million deal in 2029.

Brunson, 27, became eligible to negotiate and sign the maximum extension Friday.

Here's how it looks pic.twitter.com/AKsU33fmby

While there is an inherent risk of injury and unforeseen complications that come with Brunson's decision to push back his most lucrative NBA paydays, his priority remains to maximize the prime of his career with the franchise's most talented and deepest roster since the 1990s.

The repercussions of Brunson choosing the four-year, $156.5 million max deal over the five-year, $269.1 million deal in 2025 are massive for the Knicks' ability to keep this team together and continue making roster moves to close the gap on a championship. Brunson's deal keeps the Knicks out of the second-apron level of the salary cap, a punitive threshold that severely limits a team's ability to make trades, sign players and use draft picks.

Brunson's study of championship organizations and franchise stars — Patrick Mahomes' Kansas City Chiefs, the Tom Brady New England Patriots and the Derek Jeter New York Yankees — gave him a blueprint for MVP-level players who structured contracts to