According to multiple reports, highlighted by Marc Stein, Mikal Bridges becomes eligible to sign a two-year, $72.5 million extension with the New York Knicks on October 1st.
The 3-and-D wing currently has two options: he can sign this contract on the first or wait until next season to be paid $112.9 million over three seasons.
Per Stein, he expects the 28-year-old to sign the $72.5 million extension with New York. However, if Bridges wanted to make more money, he could wait till the 2026 season to be eligible to sign a five-year, $297 million contract.
With all these options on the floor (pun intended), every sign points towards him signing the two-year extension.
Bridges has until the start of the season to sign this extension.