Suns star Devin Booker agrees to two-year, $145 million max extension

The Phoenix Suns’ star guard has agreed to a record-breaking two-year, $145 million max extension that will keep him in the Valley through the 2029-30 campaign. The deal sets a new NBA benchmark for annual extension salary at a jaw-dropping $72.5 million per year.

Booker sat down with Suns owner Mat Ishbia on Wednesday night in Las Vegas to put pen to paper, reaffirming his loyalty to the franchise and its long-term vision. This new agreement pushes Booker’s total deal with the Suns to five years and a massive $316 million.

The extension leapfrogs the previous record held by Thunder MVP Shai Gilgeous-Alexander, whose recent supermax came in at a $71.25 million yearly average. Booker is not only the face of the Suns but now the standard-bearer for NBA contract heights.

The Suns’ homegrown star, selected 13th overall in the 2015 NBA Draft, has now signed his third contract extension with Phoenix—once again solidifying his long-term commitment to the franchise he’s called home for a decade. Throughout his career, the 28-year-old has been vocal—both behind closed doors and in public—about his desire to bring a championship to the Suns and spend his entire playing days in the desert.

Booker wasn’t just a bystander in the team’s recent coaching search either. He played an active role in the process, meeting finalists and ultimately giving his stamp of approval on the hiring of Jordan Ott.

A four-time All-Star, two-time All-NBA selection, and a double Olympic gold medalist with Team USA, Booker etched his name into Suns lore last season by becoming the franchise’s all-time leading scorer. He’s posted at least 25 points per game for seven straight seasons—an exclusive streak matched only by Giannis Antetokounmpo. His offensive evolution continued last year, averaging a personal-best 7.1 assists along with 25.6 points and 4.1 rebounds.

Despite Booker’s individual brilliance, Phoenix stumbled to a 36-46 finish in 2024, missing the playoffs and landing 11th in the West—an underwhelming result for a squad carrying the most expensive roster in NBA history.

The offseason has already seen a flurry of change. The Suns shipped Kevin Durant to Houston, traded for Hornets big man Mark Williams, and used the No. 10 overall draft pick to bring in Khaman Maluach from Duke. Now, with Booker locked in, the front office is reportedly eyeing a buyout for Bradley Beal, which would make the veteran guard a free agent right away.