The Phoenix Suns are reportedly preparing to offer star guard Devin Booker a two-year, $150 million contract extension, a move that underscores the franchise’s commitment to building a championship-caliber roster around their franchise cornerstone. This extension, which would carry an average annual value of $75 million, is not only a reflection of Booker’s elite play but also a testament to the NBA’s ever-growing financial landscape, shaped by new media deals and rising salary caps.
Booker, 28, has been the face of the Suns since being drafted 13th overall in the 2015 NBA Draft. Over the past nine seasons, he has developed into one of the league’s most dynamic and versatile scorers. Known for his smooth shooting, poise under pressure, and ability to create offense in a variety of ways, Booker has consistently elevated his game year after year. He was instrumental in leading Phoenix to the 2021 NBA Finals—their first appearance in nearly three decades—and has been a multiple-time All-Star and All-NBA selection.
Offering Booker this extension would keep him under contract through at least the 2029 season, maintaining continuity at a time when the Suns are aggressively pursuing a championship window. The franchise made waves in recent years by acquiring superstars Kevin Durant and Bradley Beal, forming one of the most potent offensive trios in the NBA. Despite falling short in the playoffs over the past two seasons, Phoenix’s front office remains committed to this core group, believing that stability and star power are essential to competing with the likes of Denver, Dallas, and Minnesota in a stacked Western Conference.
Financially, the proposed extension reflects both the escalating value of elite talent in the NBA and the new collective bargaining agreement’s impact on superstar salaries. The projected salary cap for the 2025-26 season is expected to rise significantly due to the league’s new broadcasting agreements, allowing teams more flexibility to retain their stars. A two-year, $150 million extension would be the richest short-term deal in league history in terms of average annual value, surpassing even recent contracts signed by players such as Nikola Jokić and Stephen Curry. For Booker, it would serve both as a financial reward and a symbol of loyalty from the organization that drafted him.
The Suns, however, are entering a critical phase in their team-building process. With four players—Booker, Durant, Beal, and center Jusuf Nurkić—set to command massive salaries in coming seasons, Phoenix is operating well over the salary cap and deep into the luxury tax. Such a financial commitment will restrict their flexibility in adding depth to the roster, making it essential that the supporting cast consists of cost-effective veterans, productive young players
