
Devin Booker is going to make history with a new contract extension. He is likely to sign the deal, which would start in the 2029-30 season and could pay him nearly $78 million in the final year.
Booker had another strong season and played 75 games. He averaged 25.6 points, 4.1 rebounds, and 7.1 assists per game. However, his shooting dipped to 46.1% from the field and 33.2% from three. He told The Arizona Republic’s Duane Rankin that improving his efficiency will be one of his main focuses this offseason.
According to ESPN’s Brian Windhorst, the Phoenix Suns are preparing to offer Booker a two-year, $150 million extension this offseason. Even though He still has three years and $171 million left on his current deal, he becomes eligible for a new extension on July 6, after three years of his last contract.
Devin Booker Expected To Sign a record Two-Year, $150M Extension With Suns, per @WindhorstESPN pic.twitter.com/6KSKDtA0Nn
— Fullcourtpass (@Fullcourtpass) June 27, 2025
It would keep him with the Suns through his early 30s if he signs. This shows the team’s full commitment to keeping him as the face of the franchise. Despite rumors that the Suns might trade Booker, the team never considered it seriously. Booker always played a significant role in the team’s offseason decisions, including hiring new Head Coach Jordan Ott.
Breaking Down Devin Booker’s New Deal

If the trade, based on the league’s projected 10% salary cap increases, Booker’s new deal would begin at around $72 million in 2029-30 and rise to $77.8 million the following season. That would make him the highest-paid player by annual salary in league history.
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In April, Booker hinted at his interest in an extension by sharing reports that it’s “nice to be up for an extension” and “always a pleasure” to be wanted long term. This move underscores a firm commitment to building around Booker for the Suns, since Kevin Durant got traded and Bradley Beal might leave, too.
“I’ve been in long enough where I’ve watched some of my heroes and idols just slowly get out of the league, and you see how it hurts them,” Booker said. “I don’t want to think about the day I must do that. It’s nice to be up for an extension.”
However, the roster still needs improvements, especially in depth and flexibility. Now. It’s just a matter of when the official formalities will be done and what the final cap numbers will look like when the deal lands.
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