The Phoenix Suns have signed guard Grayson Allen to a four-year, $70 million extension, ESPN’s Adrian Wojnarowski reported on Monday, looking up an important player before he hit the open market.
The deal will keep Allen in Phoenix through the 2026-27 season and includes a player option for the 2027-28 season.
Allen, 28, was traded to the Suns in the off-season in the blockbuster three-team trade that sent Damian Lillard to Milwaukee. Phoenix sent centre Deandre Ayton to the Portland Trail Blazers as part of the deal.
The guard has enjoyed a career year with the Suns, putting up career-highs in points (13.5), rebounds (3.9) and assists (3.0). Notably, he led the league in 3-point shooting percentage, knocking down 46.1 per cent of his 5.9 shots a game.
With this extension, Allen will avoid free agency as his contract was set to expire this summer.
Phoenix finished the regular season with a 49-33 record, good for the sixth seed in the Western Conference, thereby avoiding the play-in tournament. They’ll take on the three-seed Minnesota Timberwolves in the first round of the playoffs.