The Phoenix Suns have made their intentions crystal clear following a disappointing 2024-25 season that ended without a playoff berth.
Despite the departure of Kevin Durant and ongoing questions about the roster’s direction, the franchise has doubled down on their cornerstone player with a historic financial commitment.
The Suns handed Devin Booker a record-breaking contract extension that solidifies him as the team’s foundation moving forward.
According to reports, the superstar agreed to a two-year, $145 million maximum extension that will keep him in Phoenix through the 2029-30 season.
Forbes’ Evan Sidery recently shared a complete breakdown of Booker’s projected earnings on X.
Devin Booker’s contract structure with the Suns through 2030:
2025-26: $53.1 million
2026-27: $57.1 million
2027-28: $61 million
2028-29: $69.9 million
2029-30: $75.5 million pic.twitter.com/tQS17NnUKB— Evan Sidery (@esidery) July 10, 2025
The deal, finalized in Las Vegas with owner Mat Ishbia and Booker’s agents present, establishes a new league record with an average of $72.5 million per year.
Booker is set to earn $53.1 million in 2025-26, followed by $57.1 million in 2026-27.
His salary will climb to $61 million in 2027-28, then spike to $69.9 million in 2028-29, before peaking at $75.5 million in the final year of the extension.
This massive investment signals a clear shift in Phoenix’s approach.
With Durant now with the Houston Rockets and uncertainty surrounding Bradley Beal’s future, the Suns are pivoting toward a younger, more balanced core.
That new foundation includes Booker alongside Jalen Green, Dillon Brooks, and rookie center Khaman Maluach.
Booker, at 28, just completed an impressive campaign averaging 25.6 points, 7.1 assists, and 4.1 rebounds across a career-high 75 games.
He also became the franchise’s all-time leading scorer, cementing his legacy in Phoenix basketball history.
Throughout the organizational changes, Booker has remained committed to the desert, and this extension removes any doubt about who the Suns are building around.
