Grayson Allen contract extension: Suns sign guard to four-year deal after career season in Phoenix
Allen led the NBA in 3-point percentage this season
www.cbssports.comHere’s the latest available on Grayson Allen’s contract status.
- What happened: Grayson Allen and the Phoenix Suns finalized a four-year contract extension worth about $70 million. This reporting comes from multiple outlets and was widely reported in mid-April 2024, confirming the extension after Allen’s strong season with Phoenix.[1][2][5]
- Key implications: The extension keeps Allen under contract with Phoenix through the 2027-28 season and represents a sizable commitment for the Suns, who were already operating well into luxury tax territory at the time. The deal secures roster stability for the Suns around star players like Devin Booker, Kevin Durant, and Bradley Beal.[2][5][1]
- Context: Allen’s standout shooting season — including leading the league in three-point percentage — contributed to the decision to lock him in long term, despite questions about matching cap implications and tax penalties.[4][1][2]
If you’d like, I can pull more recent updates or summarize how this contract has affected Suns’ payroll and luxury tax status in the latest season. Also, I can provide a quick comparison of this deal to other 3-and-D guards’ contracts for context.[5][1][2]