It's Official: Jalen Brunson is a New York Knick

It's finally a done deal: Jalen Brunson is officially a New York Knick. ESPN's Adrian Wojnarowski reports that Brunson and the Knicks have agreed on a four-year $104 million deal, which includes a player option on the fourth year.

Free agent guard Jalen Brunson has agreed to a four-year, $104 million deal with the New York Knicks, his agents Aaron Mintz and Sam Rose of @CAA_Basketball tell ESPN. The deal includes a player option on the final season.
— Adrian Wojnarowski (@wojespn) July 1, 2022

Woj reported that the Mavs had a five-year, $106-plus million offer on hand for the lefty point guard before he met with the Knicks.

Free agent guard Jalen Brunson, armed with a five-year, $106M-plus Mavericks offer, is headed into a meeting with the New York Knicks within the hour, sources tell ESPN.
— Adrian Wojnarowski (@wojespn) June 30, 2022

This deal with the Knicks allows him to earn more annually ($26 million) than what the Mavericks offered ($21.2 million).

New York gets the man it has been targeting over the past couple of weeks. A month ago, the Knicks hired Brunson's father Rick as one of their assistant coaches. Over the past week, they cleared up over $30 million in cap space by trading Kemba Walker, Nerlens Noel, and Alec Burks to the Detroit Pistons.

As for the Mavericks, this is a brutal loss for the team that just made the Western Conference Finals. Brunson had a breakout season with Dallas, where he averaged 16.3 points and 4.8 assists while shooting over 50 percent from the field.

Brunson turned it up a notch in the postseason, which contributed to his value inflating ahead of free agency. In 18 playoff games, the 6-foot-1 guard averaged 21.6 points, 4.6 rebounds, and 3.7 assists, while shooting 46.6 percent from the field.