Devin Booker will reportedly become the highest-paid player in NBA history after signing a two-year, $145 million maximum contract extension with the Phoenix Suns through the 2029-2030 season, according to ESPN.
The 28-year-old’s annual salary of $72.5 million after the extension is the richest annual average for a contract in NBA history.
Booker’s deal is now higher than what was signed by Oklahoma City Thunder’s Shai Gilgeous-Alexander, who has an average annual value of $71.25 million on his four-year, $285 million contract. Jayson Tatum of the Boston Celtics follows with $62.8 million, and the next is Philadelphia 76ers’ Joel Embiid, with $62.5 million.
Booker’s average annual value is also reportedly higher than the top contracts in the NFL, MLB and NHL.
The Suns drafted Booker with the 13th overall pick in the 2015 NBA Draft out of Kentucky. Booker has spent all ten seasons of his career with the franchise and has averaged 24.4 points, four rebounds and just over five assists in 673 career regular-season games.
In October last year, he was named among the NBA’s highest-paid players of 2024. He was making $49.2 million on-court and $9 million off-court at the time, Forbes reported.