The Phoenix Suns are making a bold commitment to their star player, Devin Booker, as the team looks to retool for the upcoming season. According to a report from ESPN's Shams Charania, Booker has signed a remarkable two-year, $145 million maximum extension. This groundbreaking deal ensures that the talented guard will remain a key figure in Phoenix until the end of the 2029-30 NBA season, marking the highest annual extension salary in league history.

Booker, who is entering the second year of a four-year, $224 million supermax extension he initially signed in 2022, previously secured his position with the franchise until the 2027-28 season. The new contract not only underscores the Suns' dedication to building around their homegrown star but also indicates their resolve to bounce back after a disappointing season. In 2025, despite a roster featuring Booker, Kevin Durant, and Bradley Beal, the Suns failed to make the playoffs.

This past season, the franchise faced challenges, including holding the highest payroll in NBA history, which ultimately did not translate to postseason success. Following this setback, the team decided to part ways with head coach Mike Budenholzer in the spring. The Suns then took a significant step in rebuilding by trading Kevin Durant to the Houston Rockets, a move that sent players such as Jalen Green and Dillon Brooks to Phoenix, along with the opportunity to draft promising talent Khaman Maluach and securing five second-round draft picks.

Devin Booker, who has spent his entire ten-season career with the Suns after being selected as the 13th overall pick in the 2015 NBA Draft, has left an indelible mark on the franchise. He currently holds the all-time franchise records for career points, boasting an impressive total of 16,452, and three-pointers made, with 1,424 successful shots from beyond the arc.

Despite being overlooked for the All-Star game in the 2024-25 season, Booker continued to demonstrate his extraordinary skills on the court, averaging over 25 points per game for the seventh consecutive season. His shooting statistics reveal a solid 46.1 percent from the field and 33.2 percent from three-point range, while he also contributed significantly with a team-leading average of 7.1 assists and 0.9 steals per contest.