Overview

• Booker’s two-year extension runs through the 2029-30 season and averages $72.5 million per year, setting a new annual salary record in league history.
• The deal eclipses Shai Gilgeous-Alexander’s recent $71.25 million-per-season contract with the Oklahoma City Thunder.
• This marks Booker’s third contract renewal with Phoenix since the Suns drafted him in 2015.
• The extension boosts Booker’s total earnings to $316 million over the next five years with the Suns.
• Rapidly rising salary caps and media revenues have fueled a wave of record-breaking supermax contracts across the NBA.