Knicks Major Extension Decision Linked to Giannis Antetokounmpo Trade Rumor

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The New York Knicks are figuring out what to do with respect to Mikal Bridges' upcoming extension.
Bridges has one year left on his contract with the Knicks, making him eligible to sign a new extension, but New York has not agreed to terms with its star guard.
The Knicks traded five first-round picks to acquire Bridges in June 2024, so they should want to keep him — unless there was a move to be made that would get the team over the top in the championship conversation.
SNY insider Ian Begley is reporting that Bridges' extension talks are dependent on whether or not the Milwaukee Bucks trade Giannis Antetokounmpo.
"The Knicks and all the other teams are kind of keeping an eye on Milwaukee and what may or may not happen there," Begley said.
"I think one of the reasons why (Bridges) has not been extended yet is because once you extend him, you cannot trade him for six months and I think until the Giannis stuff is fully settled, and I don't think it's fully settled yet... When he does extend, I think that tells you Giannis is put to bed, is off the table in a sense."
If the Knicks were to acquire Antetokounmpo, it would be hard to get a deal done without Bridges. If they were able to keep Bridges, it would likely spell the end of OG Anunoby in New York.
Either way, there is a lot of uncertainty with Antetokounmpo, so once that's resolved, it will allow the Knicks to move forward with Bridges.
Bridges will make $24.9 million in his final year with the Knicks and will likely look to sign the biggest deal of his career when he becomes a free agent this summer, unless New York wants to ink him to a contract sooner.

Jeremy Brener is an editor, writer and social media manager for several On SI sites. His work has also been featured in 247 Sports and SB Nation as a writer and podcaster. Brener grew up in Houston, going to Astros, Rockets and Texans games as a kid and resides in Central Florida. He graduated from the University of Central Florida with a Bachelor's degree in Broadcast Journalism minoring in Sport Business Management. Brener can be followed on Twitter @JeremyBrener.