Jalen Brunson Extends Contract With Knicks - 4/$156M - SUBSTANTIAL Discount

[C3H6N6O6]

This has also got to do with securing this bag to get rid of any chance of needing money in his life even if he gets injured.

Knicks are a Brunson family and friends run organization right now which has worked out for them.
He will opt out for the supermax after year 3 and his father will get paid a little more during this time. Taking a little pay cut for the team where you are the best player while your uncle is running the team and your dad is also part of the organization is not that bad.

Players association will rightfully be a little pissed because this puts the pressure on other players to take pay cuts. The pressure from FO and fans on players to take a pay cut will only increase if Knicks somehow end up winning it all in next 3 years.

[Harry Garris]

This has also got to do with securing this bag to get rid of any chance of needing money in his life even if he gets injured.

Knicks are a Brunson family and friends run organization right now which has worked out for them.
He will opt out for the supermax after year 3 and his father will get paid a little more during this time. Taking a little pay cut for the team where you are the best player while your uncle is running the team and your dad is also part of the organization is not that bad.

Players association will rightfully be a little pissed because this puts the pressure on other players to take pay cuts. The pressure from FO and fans on players to take a pay cut will only increase if Knicks somehow end up winning it all in next 3 years.

Brunson didn’t take a pay cut. He extended a year early which means he’s eligible for less now, but his extension will be up by the time he hits 10 years of service as a NBA player which means he’ll be eligible for the 35% supermax.

If Brunson gets a supermax on his next contract he actually makes more in the long run going this route, and signing next offseason for “more money” would be costing him.

A lot of media members are spinning this as the guy taking a discount but in reality it’s more of a bet on yourself kind of contract that has a huge payoff if it works.

[bronxknicksfan1]

This has also got to do with securing this bag to get rid of any chance of needing money in his life even if he gets injured.

Knicks are a Brunson family and friends run organization right now which has worked out for them.
He will opt out for the supermax after year 3 and his father will get paid a little more during this time. Taking a little pay cut for the team where you are the best player while your uncle is running the team and your dad is also part of the organization is not that bad.

Players association will rightfully be a little pissed because this puts the pressure on other players to take pay cuts. The pressure from FO and fans on players to take a pay cut will only increase if Knicks somehow end up winning it all in next 3 years.

Brunson didn’t take a pay cut. He extended a year early which means he’s eligible for less now, but his extension will be up by the time he hits 10 years of service as a NBA player which means he’ll be eligible for the 35% supermax.

If Brunson gets a supermax on his next contract he actually makes more in the long run going this route, and signing next offseason for “more money” would be costing him.

A lot of media members are spinning this as the guy taking a discount but in reality it’s more of a bet on yourself kind of contract that has a huge payoff if it works.

He could’ve waited until next year to sign a 2+1 contract to get the 10 year veteran contract and get his super max if he was really trying to maximize his salary. Him taking this contract now gives the Knicks flexibility to stay under the 2nd apron, which is vital with extension talks coming for Mikal (who is rumored to also be taking a pay cut) and Julius. It’s a move to keep the team together.

[Harry Garris]

This has also got to do with securing this bag to get rid of any chance of needing money in his life even if he gets injured.

Knicks are a Brunson family and friends run organization right now which has worked out for them.
He will opt out for the supermax after year 3 and his father will get paid a little more during this time. Taking a little pay cut for the team where you are the best player while your uncle is running the team and your dad is also part of the organization is not that bad.

Players association will rightfully be a little pissed because this puts the pressure on other players to take pay cuts. The pressure from FO and fans on players to take a pay cut will only increase if Knicks somehow end up winning it all in next 3 years.

Brunson didn’t take a pay cut. He extended a year early which means he’s eligible for less now, but his extension will be up by the time he hits 10 years of service as a NBA player which means he’ll be eligible for the 35% supermax.

If Brunson gets a supermax on his next contract he actually makes more in the long run going this route, and signing next offseason for “more money” would be costing him.

A lot of media members are spinning this as the guy taking a discount but in reality it’s more of a bet on yourself kind of contract that has a huge payoff if it works.

He could’ve waited until next year to sign a 2+1 contract to get the 10 year veteran contract and get his super max if he was really trying to maximize his salary. Him taking this contract now gives the Knicks flexibility to stay under the 2nd apron, which is vital with extension talks coming for Mikal (who is rumored to also be taking a pay cut) and Julius. It’s a move to keep the team together.

And he would have made a few million bucks more doing that than extending now but what you’re seeing is people claiming he sacrificed $100 million or more for the Knicks to keep the team together which is simply untrue.

[Scalabrine]

Brunson didn’t take a pay cut. He extended a year early which means he’s eligible for less now, but his extension will be up by the time he hits 10 years of service as a NBA player which means he’ll be eligible for the 35% supermax.

If Brunson gets a supermax on his next contract he actually makes more in the long run going this route, and signing next offseason for “more money” would be costing him.

A lot of media members are spinning this as the guy taking a discount but in reality it’s more of a bet on yourself kind of contract that has a huge payoff if it works.

He could’ve waited until next year to sign a 2+1 contract to get the 10 year veteran contract and get his super max if he was really trying to maximize his salary. Him taking this contract now gives the Knicks flexibility to stay under the 2nd apron, which is vital with extension talks coming for Mikal (who is rumored to also be taking a pay cut) and Julius. It’s a move to keep the team together.

And he would have made a few million bucks more doing that than extending now but what you’re seeing is people claiming he sacrificed $100 million or more for the Knicks to keep the team together which is simply untrue.

...of guaranteed money, it simply IS true.

He could destroy his hip like Isiah Thomas did right before his big contract and he can be a shell of himself for the next 3 seasons and he won't get that money back. He's betting on himself and he knows he's with an organization that will take care of him for the long haul. BUT, if he doesn't stay healthy or sees a massive decline in his performance for whatever reason, I don't think the Knicks will just give him max money just because. Noone wants to see that happen, but there is some minor risk.

[toodarkmark]

This was a fun read. People saying Brunson was stupid and it might be illegal tampering because he chose the absolute max amount of money and time the Knicks could offer this year.

Instead of waiting a year like Isaiah Thomas and Dennis Shroeder did. They were so smart! Right?

People bitch about every contract now, and literally people here are bitching that he set a bad precedent getting a team friendly contract, THAT WAS THE MAX THEY COULD PAY.

And, NY loves him for it. This narrative will play super well going forward. Literally zero negatives in this.

[TorontoBarneys]

Knicks should be investigated over this.

enjoy quickley

Thanks, he's a good point guard with a fair deal.

[12footrim]

You can do whatever you want with your money, and he's certainly not going to be hurting for it, but my god man. Most wealth is squandered and diluted in just a few generations. How many future generations of your family could you have set up. How many charities could he have helped? I never really get this kind of thinking.

If you didn't want the money how many good things in this world could you have donated it too. Instead you essentially gave it back to a billionaire owner like James Dolon so he doesn't have to pay luxury taxes, or some other 10's of millionaires teammates.

If you are LeBron James and have made the kind of money he has, and are chasing all time legacy whatever. I can understand that a little. If you are like the 12th best player in the league for one season who will be lucky if he's even a hall of famer what are you really doing. Giving up 100 million when you've barely made the kind of money of your peers as a 2nd rounder, so you can win a championship. Who really cares. Even if he won a championship as part of a team concept no one is really going to care.

I don't think they are anywhere near a championship anyway. Basically just giving it up to play with his buddies and over pay a dude like Ananoby. He makes more than Brunson. That's insane.

[Harry Garris]

He could’ve waited until next year to sign a 2+1 contract to get the 10 year veteran contract and get his super max if he was really trying to maximize his salary. Him taking this contract now gives the Knicks flexibility to stay under the 2nd apron, which is vital with extension talks coming for Mikal (who is rumored to also be taking a pay cut) and Julius. It’s a move to keep the team together.

And he would have made a few million bucks more doing that than extending now but what you’re seeing is people claiming he sacrificed $100 million or more for the Knicks to keep the team together which is simply untrue.

...of guaranteed money, it simply IS true.

He could destroy his hip like Isiah Thomas did right before his big contract and he can be a shell of himself for the next 3 seasons and he won't get that money back. He's betting on himself and he knows he's with an organization that will take care of him for the long haul. BUT, if he doesn't stay healthy or sees a massive decline in his performance for whatever reason, I don't think the Knicks will just give him max money just because. Noone wants to see that happen, but there is some minor risk.

But if you're saying you gotta secure the guaranteed money right away to avoid the risk then why wouldn't he sign an extension now? It's not like he couldn't get injured THIS season.

[ShootersShoot]

And he would have made a few million bucks more doing that than extending now but what you’re seeing is people claiming he sacrificed $100 million or more for the Knicks to keep the team together which is simply untrue.

...of guaranteed money, it simply IS true.

He could destroy his hip like Isiah Thomas did right before his big contract and he can be a shell of himself for the next 3 seasons and he won't get that money back. He's betting on himself and he knows he's with an organization that will take care of him for the long haul. BUT, if he doesn't stay healthy or sees a massive decline in his performance for whatever reason, I don't think the Knicks will just give him max money just because. Noone wants to see that happen, but there is some minor risk.

But if you're saying you gotta secure the guaranteed money right away to avoid the risk then why wouldn't he sign an extension now? It's not like he couldn't get injured THIS season.

The injury risk for a small pg in a contract year is very real..IT is probably the most relevant example of a guy who got screwed in a contract year before being due a huge extension.

[stuporman]

The pocket police want an investigation...

[HotelVitale]

...of guaranteed money, it simply IS true. He could destroy his hip like Isiah Thomas did right before his big contract and he can be a shell of himself for the next 3 seasons and he won't get that money back. He's betting on himself and he knows he's with an organization that will take care of him for the long haul. BUT, if he doesn't stay healthy or sees a massive decline in his performance for whatever reason, I don't think the Knicks will just give him max money just because. Noone wants to see that happen, but there is some minor risk.

But if you're saying you gotta secure the guaranteed money right away to avoid the risk then why wouldn't he sign an extension now? It's not like he couldn't get injured THIS season.

The injury risk for a small pg in a contract year is very real..IT is probably the most relevant example of a guy who got screwed in a contract year before being due a huge extension.

This has become a realgm cliche but a major career-altering injury would be extremely unlikely, and for almost any realistic injury (ACL or something) Brunson would still get a huge contract regardless. IT was one example and there have been dozens of counter examples; it doesn't make good sense to give up like 30%+ of your earnings based on a 1% or less chance of them diminishing. Plus Brunson has already made his basic 'I'm set up for whatever in life' money so doesn't need to foreground that and make a bad finanical gamble to ensure that first big bag (like many of us might).

This isn't a crazy decision because of contexts but it seems pretty clear that Brunson did it to help the Knicks. Players of his caliber basically never do things like this and it's hard to believe that this was purely a financial decision. Not sure if people really believe that or are just playing Knicks PR person for a minute.