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…..
REPORT: Devin Booker Set to Secure Monumental $150M Extension with Suns
In a bold and historic move, the Phoenix Suns are reportedly preparing to offer superstar guard Devin Booker a two-year, $150 million contract extension — an eye-watering $75 million per year. This prospective deal would not only cement Booker’s role as the face of the franchise but also mark one of the richest short-term contracts in NBA history.
Booker, 28, has long been the cornerstone of the Suns’ success since being drafted 13th overall in 2015. Over the past nine seasons, he has grown from a promising young scorer into one of the NBA’s premier offensive weapons and a perennial All-Star. Known for his smooth shooting stroke, killer midrange game, and late-game heroics, Booker has become synonymous with Phoenix basketball.
This mega-extension, while jaw-dropping, is a clear signal of the Suns’ commitment to keeping their superstar happy — and at home. The deal would begin after his current contract expires in 2026, effectively tying Booker to the franchise into the latter part of the decade. Given the rapidly rising salary cap and escalating player valuations, this type of short-term, high-value extension is becoming more feasible for top-tier talents.
To put the deal into perspective, a $75 million annual salary would place Booker in unprecedented financial territory. For comparison, the league’s current highest annual earners, like Stephen Curry and Nikola Jokić, command roughly $50 to $60 million per year. Booker’s potential extension would not only eclipse that but also challenge long-held conventions about contract structure and salary distribution.
From a team-building perspective, Phoenix is betting on stability. With Kevin Durant aging and Bradley Beal’s long-term fit still uncertain, Booker remains the constant — the foundational player who gives the Suns both relevance and a shot at contention. His leadership, production, and off-court marketability make him an irreplaceable asset in the modern NBA, where stars often wield more power than front offices.
However, this deal does not come without risks. Tying up $75 million annually in a single player puts tremendous pressure on the front office to build a competitive roster around him, especially under the NBA’s newly revamped collective bargaining agreement, which introduces harsher penalties for teams that exceed the second luxury tax apron. If not managed carefully, this could limit Phoenix’s flexibility in free agency and trade markets.
Still, for Suns owner Mat Ishbia and GM James Jones, the math is simple: when you have a talent like Devin Booker, you do whatever it takes to keep him. He has led the team to the NBA Finals, consistently averaged over 25 points per game in recent seasons, and maintained a loyal connection to the franchise and its fanbase.
This potential extension is not just about money — it’s a statement. A statement that the Suns are serious about building a championship culture around Booker. A statement that loyalty and elite performance are still rewarded at the highest level. And a statement that Devin Booker’s bag is not just heavy — it’s legendary.
