Mikal Bridges is at a pivotal point in his career. On October 1, 2024, he will become eligible for an extension, and his decision could significantly alter both his future finances and the trajectory of the Knicks franchise.
Bridges is entering the third year of a four-year, $90.9 million contract he signed with the Phoenix Suns in 2021. He stands to earn $23.3 million in 2024-25 and $24.9 million in 2025-26. The contract is fully guaranteed, and he will become an unrestricted free agent after the 2025-26 season. Bridges was traded to the Brooklyn Nets in a Kevin Durant swap before being acquired by New York.