Phoenix Suns Extend Contract with Three-Point Specialist Grayson Allen, Boosting Team Payroll to $206 Million

The Phoenix Suns have agreed to a contract extension with three-point specialist Grayson Allen. This means that the core of the team will probably stay together in the coming season – but that will be really expensive.

As several US media outlets unanimously report, the 28-year-old will receive a total of $70 million for a new four-year contract. A player option should be included in the contract.

The guard is rewarded for his strong season with the Suns: Allen started in a total of 73 games and, alongside superstars Kevin Durant, Bradley Beal and Devin Booker, provided the necessary shooting from outside. He scored a total of 13.4 points per game and his three-point hit rate was an excellent 46.1 percent. He led the NBA in this category.

According to ESPN, Allen will earn a total of $15.6 million in the 2024-25 season. This increases the team’s payroll to an impressive $206 million, which would cost another $104 million in luxury tax. Team owner Mat Ishbia will pay a total of $79 million for Allen’s new contract next year.

In the upcoming NBA playoffs, the Suns will face the Minnesota Timberwolves (3) in the first round of the Western Conference as the 6-seed.

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2024-04-15 14:42:00
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