The New York Knicks received a massive update regarding their pursuit of Giannis Antetokounmpo after making a decision regarding Mikal Bridges.

Mikal Bridges seems happy to be sticking around in Manhattan after signing a four-year, $150 million extension with the New York Knicks.

The New York Knicks are excited after extending Mikal Bridges' contract for four more years. The deal will pay Bridges $150 million with a player option in the 2029-30 season, but the contract has a wrinkle that will affect the Knicks for a long time. CBS Sports writer Sam Quinn explained the financial implications of Bridges' new contract.