The New York Knicks forward has inked a four-year, $150-million extension, ESPN’s Shams Charania reported Thursday.
Bridges, 28, appeared in all 82 games last season, averaging 17.6 points per game in his first year with the Knicks.
The deal also reportedly includes a player option for the 2029-30 season and a trade kicker.
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 could have earned $156 million in this extension, or even more by waiting until his contract expired next summer.
Instead, he took the deal that could allow the Knicks future flexibility to keep building a team that reached the Eastern Conference finals last season for the first time since 2000.
With files from the Associated Press