Per reports, Devin Booker has signed a two-year, $145 million contract extension with the Phoenix Suns, setting a new NBA record with an annual salary of $72.5 million per season.
The agreement was reportedly finalized during a meeting in Las Vegas with Suns owner Mat Ishbia. This extension ties Booker to Phoenix through the 2029-30 season, securing his long-term future with the franchise.
Devin Booker has agreed to a two-year, $145M max contract extension with the Suns, per @ShamsCharania
D-Book is locked in through the 2029-30 season 🔥 pic.twitter.com/KlrioAcmNx
— Bleacher Report (@BleacherReport) July 10, 2025
Booker has spent his entire ten-year NBA career with the Suns, transforming from a promising young scorer into one of the league’s premier offensive talents and an All-NBA player. He is the Suns’ all-time leading scorer and led them to their first NBA Finals appearance since 1993.
Despite a disappointing season where Phoenix missed the playoffs, this move signals that the organization remains committed to Booker as their franchise cornerstone. At just 27, he remains in his prime, known for his smooth midrange game, efficient scoring at all levels, and steady leadership.
The Suns still face significant roster challenges, particularly with limited flexibility due to their luxury tax situation. However, securing Booker is a clear statement of their priorities moving forward.
Booker’s extension not only rewards his loyalty and production but also positions Phoenix to continue building around one of the league’s most reliable and talented stars.