In a major move aimed at solidifying their future, the Phoenix Suns have locked in franchise star Devin Booker with a two-year contract extension worth approximately $145 million max, according to ESPN insider Shams Charania. The deal ensures that Booker, remains under contract through the 2029-30 NBA season.
Booker has three seasons remaining on a four-year, $224 supermax extension he agreed to in 2022, and the new deal keeps him under contract with the Suns through the 2029-30 season.
At $72.5million, Booker's average annual salary surpasses the $71.25million of NBA MVP Shai Gilgeous-Alexander of the Oklahoma City Thunder for the highest annual extension salary in league history.
What does the NBA rule say about contract extension?
The agreement complies fully with NBA collective bargaining rules, which prevent teams from extending five- or six-year contracts (including option years) until three years have passed since the original signing. Additionally, extensions can only stretch out to five years from the new signing date.
Why did Suns decide to hand Devin Booker an extended contract?
This move comes at a time of transition for the franchise. The Suns missed the playoffs for the first time since 2020, moved on from veteran superstar Kevin Durant, and are once again entering the season with a new head coach. Amid the instability, locking in Booker serves as a strategic anchor.
Despite growing speculation that the Houston Rockets were aggressively pursuing a trade for Booker during Phoenix's rocky 2024-25 campaign, team owner Mat Ishbia made no secret of his belief that Booker remains the centerpiece of the Suns’ future.
Devin Booker's Career so far
At 28, Booker already holds the franchise record for total points and 3-pointers made. He ranks in or near the top five in games played, minutes logged, and scoring average. A four-time NBA All-Star, two-time All-NBA selection, and two-time Olympic gold medalist
