Devin Booker has agreed to a two-year, $145 million contract extension with the Phoenix Suns that will run through the 2029-30 season. The deal is the highest annual extension in NBA history.
Booker and Suns owner Mat Ishbia met Wednesday night in Las Vegas to finalize the contract that was long anticipated. Booker has been committed to the Suns despite their disappointing outcomes the past few seasons. Booker led the Suns to the Finals in 2021 before losing to the Milwaukee Bucks in six games.
Booker now has $316 million over five seasons on his contract and will carry a $71.25 million annual average value that is the richest in NBA history.
Booker is a two-time All-NBA selection and two-time Olympic gold medalist. Booker participated in the Suns’ coaching search and has expressed a desire to remain with the franchise for his entire career.
Booker will be ineligible for a trade for six months following his extension.
