Brunson is literally crazy. Players union should jump in front of that contract like they’re trying to stop a train.
Disagree with the first sentence but agree with the second sentence. This is a bad result for the NBAPA, and potentially owners of smaller markets as well.
I totally understand why he would take less money to stay in NYC with his friends. Making an extra $40 million or whatever over the life of that contract isn't going to substantially increase his happiness in life more than being where he wants with the people he wans around him. I assume he had a conversation with the Nova contingent there as well as Knicks management that he is taking this discount with the understanding that they are going to treat him and his friends well. Ultimately, there is no way to stop them from turning around and trading him or Hart or whatever but that would kill management's reputation around the league.
Frankly, I'm surprised we aren't seeing more of this with these crazy salaries. And as salaries go up 60% or whatever over the next half decade, I think we will see more of this.
He's not actually taking less money. This is brilliant media hype by Brunson and his agent.
I suppose it depends on how you look at it. It's a max extension in that it is the most the Knicks could have offered because he's on a incredibly team friendly deal now and they can only extend him for 40% more than he is making this season. Any sane person in his shoes would have declined next season's PO, so let's pretend like that doesn't matter for the rest of this discussion.
Next season this extension is going to give him roughly $34.9m, he was eligible (and if he made it to free agency reasonably healthy could have gotten) for 35% of the cap at an assumed $46.4m. Over next season and the following two, he is giving them a total of $37m of discount. He'll opt out of the PO in 28-29 if he is healthy, so there isn't any baked in savings there.
I assume what you were referring to is the 5th year - I do agree that the agent is comparing apples to oranges when making claims of $113m of savings because over half of that "savings" comes in a year which he may be able to recoup that much or more. But, he unequivocally gave them a huge savings for the three seasons after next year.