Mikal Bridges has officially agreed to a four-year extension with the Knicks worth $150 million. Everyone is already ogling at the price point. But it’s not the number that matters. Well, it’s not the only number that matters. The other: 31—as in, January 31.
Since Bridges is receiving more than a 20 percent raise off his current salary as part of this deal, he cannot be traded for six months. This timeline is often extended enough that it prevents players from being moved to another team until the following season. That isn’t the case here.
ESPN’s Shams Charania reports that Bridges and the Knicks came to terms on a new deal as of July 31.