The New York Knicks aren't waiting for the offseason drama surrounding Giannis Antetokounmpo and the Milwaukee Bucks to end before taking care of a key signing for their roster this summer.
Per Shams Charania of ESPN, the Knicks signed Mikal Bridges to a four-year deal worth $150M on Thursday.
"New York Knicks forward Mikal Bridges has agreed to a four-year, $150 million contract extension with the franchise, agents Sam Goldfeder and Jordan Gertler of Excel Sports Management tell ESPN," Charania posted on X. "The new deal includes a player option for 2029-30 and a trade kicker."
BREAKING: New York Knicks forward Mikal Bridges has agreed to a four-year, $150 million contract extension with the franchise, agents Sam Goldfeder and Jordan Gertler of Excel Sports Management tell ESPN. The new deal includes a player option for 2029-30 and a trade kicker. pic.twitter.com/xuiYvzykqJ
— Shams Charania (@ShamsCharania) July 31, 2025
Bridges' extension might not have happened if the Knicks believed they had a serious shot to land an elite player in a trade this summer.
Per Ashish Mathur of Hoops Wire, the Knicks made their decision to sign Bridges to a new deal after they learned Antetokounmpo plans to stay in Milwaukee.
"The New York Knicks got intel that Giannis Antetokounmpo won’t request a trade from the Milwaukee Bucks before signing Mikal Bridges to an extension, an NBA source told Hoops Wire on Thursday," Mathur wrote. "...The Knicks would have pursued Giannis Antetokounmpo had the two-time MVP requested a trade from the Bucks. All signs point toward Antetokounmpo remaining in Milwaukee."
Due to the player option Bridges has in his new deal, the guard cannot be traded for at least six months.
Mathur's report signals the reality that New York wants to land another star to pair with Jalen Brunson. However, the Knicks might not make a big splash until the trade deadline next year.
The Knicks need a big man who can score and play defense at a high level in the playoffs, something Karl-Anthony Towns was unable to do in the Eastern Conference Finals.
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