How Booker’s deal keeps Phoenix competitive and in control.
It’s the headline we’ve been waiting for: Devin Booker is expected to sign a two-year, $145 million max extension to stay with the Phoenix Suns.
BREAKING: Phoenix Suns superstar Devin Booker has agreed to a two-year, $145 million maximum contract extension with the franchise through the 2029-30 season, the highest annual extension salary in NBA history, CAA’s Jessica Holtz and Melvin Booker told ESPN. pic.twitter.com/A5U5VPlSgx
— Shams Charania (@ShamsCharania) July 10, 2025
This isn’t breaking news. We’ve known this was coming. But even so, seeing the number — two years, $145 million — still stops you in your tracks.
Some might scoff at it. Say Devin Booker isn’t worth it. But he absolutely is. Maybe not in a box score sense, but in every other way that matters. This extension isn’t just about rewarding your franchise player. It’s about maintaining leverage. It’s about protecting your future.
You don’t let Booker enter free agency. You don’t let the face of your franchise get to a place where he can walk away for nothing. You sign him now, lock him in through 2030, and in doing so, give yourself optionality.
Look no further than Kevin Durant. When the Suns traded for him, he had just signed a four-year deal. That contract gave Brooklyn the power to demand the world. Mikal Bridges, Cam Johnson, and every pick in sight. Fast forward to this summer? Durant only had one year left on that deal, and Phoenix got dimes on the dollar in return. Same player, different leverage.
This Booker deal? It’s about leverage. It’s about vision. The contract kicks in for the 2028–29 season with an average salary of $72.5 million. Sounds massive. Until you factor in a projected $200 million cap. This year, Booker accounts for 34.3% of the cap. When the new deal starts? 36.3%. And with a 10% annual increase expected, that number drops again over time. to 33% of the team’s cap in 2029-30.
In short: this deal is a no-brainer. You pay your star. You send a message to the league. You plan ahead.
Congrats to Devin Booker on securing the bag. And congrats to the Suns for doing something I fully support.
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