The New York Knicks have some big decisions to make as the 2025-26 season approaches, and one could mean parting with Mikal Bridges.

The New York Knicks find themselves in a holding pattern. Mikal Bridges, one of their newest core players, is eligible for a contract extension, yet no deal has been struck. It’s not a matter of value; the Knicks gave up five first-round picks (or five very promising varsity players) to acquire him. So what’s the holdup?

According to a recent report from Bobby Marks of ESPN, Brunson’s decision to take $12 million less could have an important impact on Mikal Bridges’ future with the team. He noted that because of Brunson's contract, it gives the Knicks the room to sign Bridges to a four-year, $156.1 million extension.