REPORT: The Phoenix Suns are reportedly preparing to offer Devin Booker a 2-year, $150 million contract extension, reaffirming their commitment to their franchise star. That’s $75M per year — one of the richest short-term deals in NBA history. Book’s bag is about to hit legendary status….

Devin Booker Set to Secure Massive $150M Extension: A Historic Bag in the Making

The Phoenix Suns are making a resounding statement about their future—and it centers on Devin Booker. According to recent reports, the franchise is preparing to offer Booker a staggering 2-year, $150 million contract extension. At $75 million per season, this would mark one of the richest short-term deals in NBA history, putting Booker’s bag in truly legendary territory.

This potential deal not only highlights Booker’s individual value but also underscores Phoenix’s unwavering belief in him as the cornerstone of their franchise. Since being drafted 13th overall in 2015, Booker has blossomed into one of the league’s premier scorers and most clutch performers. His scoring prowess, versatility, and leadership have transformed the Suns from perennial underachievers into a Western Conference contender.

Over the past few seasons, Booker has consistently averaged around 27 points per game while refining his playmaking and defensive instincts. He was instrumental in leading Phoenix to the 2021 NBA Finals, and despite roster shifts, coaching changes, and injury setbacks, Booker has remained the Suns’ emotional and tactical heartbeat.

But $75 million per year? That figure is eye-popping even in today’s salary-cap-inflated NBA. To put it in perspective, this extension would eclipse annual salaries of recent supermax deals and place Booker alongside elite earners like Stephen Curry, Nikola Jokić, and Giannis Antetokounmpo—not just in terms of salary, but in perceived franchise value.

Why the short-term deal? Structurally, a 2-year extension allows flexibility. For Booker, it’s a chance to maximize earnings while maintaining control over his future. For the Suns, it’s a move that signals commitment without the long-term cap entanglements that can hamstring roster flexibility. With the new Collective Bargaining Agreement in play and potential cap spikes on the horizon, both sides stand to benefit financially from a shorter agreement.

This also sets the stage for Phoenix’s next moves. Retaining Booker on such a deal will likely affect the Suns’ decisions regarding their supporting cast, particularly in how they manage Kevin Durant, Bradley Beal, and other high-cost contracts. The Suns are clearly in “win-now” mode, and this extension aligns with an aggressive approach to competing for a title in the immediate future.

Booker’s bag isn’t just huge—it’s symbolic. It represents the evolution of player empowerment in the NBA, the explosion of media rights revenue, and the willingness of franchises to pay premium prices for transcendent talent. But more than anything, it’s a tribute to Booker’s rise: from a young shooting guard out of Kentucky to a global star and the face of a franchise willing to go all-in on his greatness.

If and when this extension is finalized, Devin Booker will not just be among the highest-paid players in league history—he’ll be a standard-bearer for the modern NBA superstar.