NBA Rumors: Jalen Brunson Open to $156M Knicks Contract; Could Get $270M Deal in 2025

New York Knicks point guard Jalen Brunson is reportedly open to signing a contract extension this summer, but an even bigger payday awaits him if he puts it off for another year.

Steve Popper of Newsday reported that “all indications” are that Brunson is “willing to sign a four-year, $156 million contract extension” this offseason, but he would have the chance for a “five-year, $270 million extension” in the summer of 2025.

Popper added that if Brunson signed a new deal this offseason, it would “remove his fourth season from the current deal and provide five more years of certainty in New York, rather than waiting until next summer.”

Brunson is coming off a strong performance in the postseason as he carried a depleted New York team to the Eastern Conference Semifinals where it lost to the Indiana Pacers in seven games. He averaged 32.4 points in the playoffs and dropped 40 points or more five times. Unfortunately, he suffered a fractured left hand in Game 7 against the Pacers that kept him out for most of the second half, spelling the end of the Knicks’ exciting playoff run.

Brunson helped lead the Knicks to a 50-32 record and a second-place finish in the Eastern Conference. He was selected to his first career All-Star Game and averaged career highs of 28.7 points and 6.7 assists while shooting 40.1 percent from three-point range.

In addition to the possibility of signing Brunson to an extension, the Knicks are also facing multiple tough decisions this offseason. Star forward Julius Randle is also eligible for an extension, but his recovery from shoulder surgery could determine New York’s willingness to give him a new deal. Rising big man Isaiah Hartenstein is set to become a free agent and is expected to command a lot of interest. Swingman OG Anunoby can decline his player option and test the open market as well.

This all makes for a potentially busy summer for the Knicks as they try to build around Brunson and put themselves in a position to compete for a championship.