Recently, per Knicks beat writer Fred Katz, Brunson is considering an early extension with the Knicks this summer at a price of $157 million over four years.
Brunson’s current contract has two years remaining, including a player option in the final year. If he chooses to decline his contract next summer, he could sign a maximum salary deal worth up to $269 million over five years with the Knicks.
The difference between these two contracts is approximately $113 million. The average annual salary for the early extension is only $39.1 million, whereas the average annual salary after declining and renewing is $53.8 million.
However, declining the contract carries significant risk. If Brunson’s value plummets dramatically at that time, the early renewal would be akin to taking a safety net. After all, there are many players who overestimate their worth, and the painful lesson of former Celtics star Isaiah Thomas is still fresh in everyone’s mind.
How to Consider? Brunson Mulls Early Extension for $157M over 4 Years; If He Declines His Option Next Year, He Could Sign for $269M over 5 Years. Author:Sports UEFA.Please indicate the source when reproduced:https://www.sportsuefa.com/basketball-headlines/how-to-consider-brunson-mulls-early-extension-for-157m-over-4-years-if-he-declines-his-option-next-year-he-could-sign-for-269m-over-5-years.html