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Phoenix Suns sign Grayson Allen to 4-year, $70 million extension, report says

The Suns guard is having a career year with Phoenix and looks to be sticking around the Valley for the foreseeable future.
Credit: AP
Phoenix Suns guard Grayson Allen (8) in the first half of an NBA basketball game Wednesday, March 27, 2024, in Denver. (AP Photo/David Zalubowski)

PHOENIX — The Phoenix Suns reportedly locked down one of their core contributors for the foreseeable future.

According to NBA insider Adrian Wojnarowski, the Suns are signing Grayson Allen to a contract extension. In a tweet earlier this morning Wojnarowski explained the extension is a 4-year deal worth $70 million.

Phoenix has not yet officially announced the deal. 

Allen is having a career year with Phoenix, averaging 13.5 points per game in 75 games this season. The guard also led the NBA this year in three-point shooting percentage at 46.1%.

Wojnarowski also reported that Suns owner Mat Ishbia is running his projected 2024-2025 payroll to $206 million. There is also expected to be another $104 million looming in luxury tax.

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