KJ Martin and the Philadelphia 76ers have agree to a two-year, $16 million deal.
The Sixers has the ability to exceed the cap to re-sign Martin as they held his Bird rights with a low cap hold. With this signing, the Sixers are at the first apron, but comfortably below the second apron.
Jalen Brunson and the New York Knicks have agreed to a four-year, $156.5 million contract extension. Brunson will have a player option in Year 4. Brunson could have signed in 2025 for $269.1 million over five years, which is a difference of $113 million guaranteed and an annual average of $39.1 million against $53.8 million.
Brunson joined the Knicks in free agency in 2022 and was an All-NBA selection in 2024. Brunson could become a free agent in 2028 and sign for up to 35 percent of the max either with a four-year, $323 million extension or a five-year, $418 million contract if he becomes a free agent. In the interim, the Knicks will have substantially more cap flexibility to maintain the roster around Brunson and he establishes a precedent of taking less that could be impactful in future extension talks with other players, notably Mikal Bridges.
“Jalen signing his extension to remain with the Knicks for the long-term shows the dedication and passion he has for the organization, the fans and this city,” said Leon Rose, President of the New York Knicks. “Jalen has often called the Knicks his family and we are beyond proud to have him wear and represent our orange and blue for years to come. Jalen has embraced every challenge since he’s come to New York and has been committed since day one to the vision and plan we set forth for the future of this team. Since Jalen joined us two years ago, he has consistently led by example and continues to show a willingness to sacrifice for this organization, his
teammates and everyone in the Knicks family.”
Stephen Curry and the Golden State Warriors could open discussions on a new contract extension as the franchise would like him to remain with them for the remainder of his career. Curry signed a four-year, $215.3 million extension in 2021 that expires after the 25-26 season.
Curry is eligible to sign a one-year extension for the 26-27 season at approximately $62.6 million. Curry is limited on his extension due to the over-38 rule of the CBA. Curry and the Warriors have until October 21st to extend the extra year, otherwise it could be picked back up during the 2025 offseason.
“That guy can get whatever he wants,” said Mike Dunleavy. “All that stuff will get figured out. And Steph will be, I’m pretty confident he’ll be a Warrior for life.”
Dunleavy also expects extension talks to pick up with Jonathan Kuminga and Moses Moody.
