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 person confirmed the deal to The Associated Press on condition of anonymity because it had not been announced.

The Knicks signed one of their core players to a lucrative four-year extension. Mikal Bridges took a slight discount to re-up.

The New York Knicks announced Friday that the team has signed Mikal Bridges to a long-term contract extension.