The New York Knicks are celebrating after signing Mikal Bridges to a four-year, $150 million extension. The deal is a major bargain for the Knicks, who save some money to sign other players in free agency in future seasons while retaining one of their key pieces to the puzzle.

After locking up Mikal Bridges on a new four-year, $150 million deal, the Knicks have ensured that their title window will remain open.

Mikal Bridges agreed to a four-year, $150 million extension with the New York Knicks on Thursday, per multiple reports. The Knicks gave up five first-round picks to acquire Bridges last June and he rewarded them by taking less than he could have earned to lock in to a future with former Villanova teammates Jalen Brunson and Josh Hart.