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Phoenix Suns Sign Devin Booker to NBA’s Largest Annual Extension

Booker’s two-year, $145 million deal carries a $72.5 million annual salary, cementing him as Phoenix’s franchise cornerstone.

Apr 9, 2025; Phoenix, Arizona, USA; Phoenix Suns guard Devin Booker (1) dribbles the ball against the Oklahoma City Thunder during the first half at Footprint Center. Mandatory Credit: Mark J. Rebilas-Imagn Images/File Photo
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Overview

  • Booker and owner Mat Ishbia sealed the extension in a private Las Vegas meeting this week.
  • The contract spans two seasons at $145 million and sets a new league record with a $72.5 million average annual value.
  • Combined with his existing deal, Booker will be under contract for five seasons and $316 million in total.
  • Since being drafted 13th overall in 2015, the 28-year-old guard has spent his entire career in Phoenix and became the franchise’s all-time leading scorer last season.
  • Phoenix’s new management led by GM Brian Gregory and coach Jordan Ott has reshaped the roster—and traded Kevin Durant—to build around Booker.