Mikal Bridges agreed to a four-year, $150 million extension with the New York Knicks on Thursday, a person with knowledge of the details said. 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.

Bridges took $6 million less than his max, which should help keep the Knicks stay under the second apron in future years.