Jalen Brunson's Massive Contract Deal with the Knicks
A Deep Dive into the Financial Implications
Get ready for the next chapter in Jalen Brunson's NBA career. According to reliable sources, the New York Knicks have secured a four-year, $104 million contract extension with the former Dallas Mavericks guard. This deal marks a significant financial commitment by the Knicks, and it's sure to have a major impact on the team's salary cap and long-term plans.
Salary Breakdown and Cap Hit
Brunson's base salary for the 2024-25 season will be a staggering $24,960,001. This amount also represents his cap hit for the season, meaning it will directly affect the Knicks' overall salary cap space. With such a high cap hit, the Knicks will need to be strategic in managing their roster and ensuring they stay within the salary cap limits.
Additionally, Brunson's contract includes a dead cap value of $24,960,001. This means that if the Knicks were to waive or trade Brunson before the end of his contract, they would still be responsible for paying this amount. This provision can have a significant impact on the Knicks' financial flexibility in the future.
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