In a move that has sent ripples through the NBA, Phoenix Suns shooting guard Grayson Allen has inked a four-year, $70 million contract extension, solidifying his place as a cornerstone of the franchise following a breakout 2023–24 season.
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🔥 From Role Player to Elite Sharpshooter
Allen, 28, delivered a career-defining performance this past season, averaging 13.5 points per game and leading the league with a staggering 46.1% shooting from beyond the arc. His remarkable consistency and ability to stretch the floor provided a vital complement to the Suns’ star trio of Kevin Durant, Devin Booker, and Bradley Beal.
“I love being in Phoenix and believe in what we can achieve here,” Allen expressed in a statement. “Thank you to Mat Ishbia and the organization for embracing me. I’m excited to make a long-term commitment to remain in this community and continue building with this team.”
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💰 A Strategic Investment Amid Luxury Tax Challenges
The Suns’ decision to retain Allen comes with significant financial implications. His $15.6 million salary for the upcoming season propels Phoenix’s projected payroll to $206 million, accompanied by an estimated $104 million in luxury tax penalties—the highest in the league.
Despite these fiscal challenges, Suns owner Mat Ishbia remains committed to building a championship-caliber team. “Royce [O’Neale] and Grayson are two great guys,” Ishbia stated. “Grayson has been here all year… [He] has done an amazing job, everything you can think of.”
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🏀 Integral to the Suns’ Championship Aspirations
Allen’s seamless integration into the Suns’ system has been pivotal. His ability to capitalize on the spacing created by Durant, Booker, and Beal has made him a lethal offensive weapon. “G, his ability to shoot, we love it,” Beal remarked. “He makes our life easier, gets our flow going, makes defenses have to respect him and makes driving lanes open.”
Head coach Frank Vogel also praised Allen’s contributions, stating, “This is what you want in this profession… to see those moments where they get the reward is rewarding for me.”
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📅 Looking Ahead
With Allen secured through the 2027–28 season, the Suns are poised to make a deep playoff run. Their first-round matchup against the Minnesota Timberwolves will test the mettle of this retooled roster. Allen’s sharpshooting and veteran presence will be crucial as Phoenix aims to capture its first NBA championship.
