Mikal Bridges has agreed to a four-year, $150 million contract extension with the New York Knicks. The deal, reported Thursday by ESPN, has seemingly been in the works for more than a year after the Knicks acquired Bridges last offseason in a blockbuster trade with the Brooklyn Nets.

The New York Knicks and Mikal Bridges have agreed to a four-year, $150 million contract extension, a league source confirmed to The Athletic. Bridges took less than the max to help New York attempt to stay under the second apron and continue to push toward a championship.