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Jalen Brunson agrees to 4-year, $156.5 million deal, gives Knicks $113 million break in guaranteed money: Report

Jalen Brunson is getting paid by the New York Knicks, but not necessarily as much as he could have.

The Knicks All-Star has agreed to a four-year, $156.5 million contract extension, according to ESPN's Adrian Wojnarowski, before being eligible for a five-year, $269 million deal next summer. The difference in those deals is $113 million in guaranteed money.

Brunson was already under contract for next season with a salary of $25 million, with the ability to opt out in 2025.

It's a little more complicated than Brunson simply giving the Knicks a nine-figure discount, though.