Grayson Allen signs a $70 million contract extension with Phoenix Suns

Grayson Allen signs a $70 million contract extension with Phoenix Suns

Phoenix Suns guard Grayson Allen has agreed to a four-year, $70 million contract extension with a player option

Phoenix Suns guard Grayson Allen has agreed to a four-year, $70 million contract extension with a player option.

Suns owner Mat Ishbia is raising his projected payroll for 2024-2025 to $206 million, with another $104 million in luxury tax. To keep the core together, he will pay the highest tax in the league. Allen’s extension was key with the limited roster flexibility under the rules.

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