Devin Booker Secures Historic $145M Contract Extension with Suns

In a landmark agreement, Devin Booker, the Phoenix Suns superstar, has signed a two-year, $145 million maximum contract extension, ensuring his place with the franchise through the 2029-30 NBA season. This deal, announced on July 10, 2025, marks the highest annual salary for a contract extension in NBA history, surpassing the previous record held by Oklahoma City Thunder's Shai Gilgeous-Alexander, whose supermax extension averages $71.25 million annually. The contract was finalized during a meeting between Booker and Suns owner Mat Ishbia in Las Vegas, solidifying Booker's commitment to the Suns' long-term vision.

Significantly, this extension brings Booker’s total contract value with the Suns to an astonishing $316 million over five years. Drafted as the 13th overall pick in the 2015 NBA Draft, Booker has spent his entire career in Phoenix, showcasing his dedication to the franchise and its fans.

Booker’s performance has been stellar, averaging at least 25 points per game over the last seven seasons, a feat matched only by Milwaukee Bucks star Giannis Antetokounmpo. Last season, he recorded a career-high of 7.1 assists per game alongside his impressive scoring average of 25.6 points and 4.1 rebounds. His contributions have been pivotal in leading the Suns to the NBA Finals in 2021 and advancing to the semifinals the following year.

Despite his individual success, the Suns faced a disappointing 36-46 record last season, finishing 11th in the Western Conference. This underperformance prompted significant roster changes, including the high-profile trade of 15-time NBA All-Star Kevin Durant to the Houston Rockets. The Suns are now poised to rebuild around Booker as they aim for future championships.

Booker’s influence extends beyond his on-court performance; he also played an active role in the Suns’ head coaching search, endorsing the hiring of Jordan Ott. As a four-time NBA All-Star and two-time Olympic gold medalist, Booker’s leadership is expected to be crucial in navigating the challenges ahead for the franchise.

In summary, Devin Booker's substantial contract extension not only reflects his value to the Suns but also signifies the franchise's commitment to building a competitive team around its cornerstone player. With aspirations to clinch an NBA championship, the Suns will rely heavily on Booker's talent and leadership in the seasons to come.