Grayson Allen Secures $70M Extension with Phoenix Suns

The four-year deal keeps the NBA's top 3-point shooter in Phoenix, ensuring stability ahead of the playoffs.

Grayson Allen and the Phoenix Suns have agreed to a four-year, $70 million contract extension, preventing Allen from entering free agency this summer.
The contract includes a player option and significant salary cap implications, with the Suns facing the highest luxury tax bill in the league.
Allen's exceptional performance, including leading the NBA with a 46.1% 3-point shooting rate, was a key factor in his lucrative extension.
The deal was finalized just as the Suns prepare to face the Minnesota Timberwolves in the first round of the Western Conference playoffs.
Allen's re-signing is crucial for the Suns as they navigate injuries and strive to maintain their core lineup featuring stars like Devin Booker and Kevin Durant.