Per ESPN's Shams Charania, Booker agreed to a two-year, $145 million extension with the Suns. The deal is the highest annual extension salary in NBA history. Heading into the 2025-26 season, the Suns are $90.7 million over the salary cap, $23.4 million over the first apron and $11.5 million over the second apron, per Spotrac.

Two people with knowledge of the contract say the Phoenix Suns have signed star guard Devin Booker to a two-year, $145 max contract extension