The Phoenix Suns are solidifying their franchise's future by signing Devin Booker to a contract extension this summer.

Booker is entering the fourth year of his rookie deal after being drafted 13th overall by the Suns in 2015, and he is quickly becoming one of the best young stars in the NBA today.

Last season, the 21-year-old sharpshooter averaged 24.9 points per game, which placed him in the top 10 for average points per game ahead of the likes of Boston Celtics' Kyrie Irving and San Antonio Spurs' LaMarcus Aldridge. 

He also won the JBL Three-Point Contest during the 2018 All-Star weekend and he also became the third youngest player in league history to reach 4,000 points, trailing only Los Angeles Lakers' LeBron James and Golden State Warriors' Kevin Durant.

New deal

All of this has given the Suns the confidence to give Booker a new deal, as according to ESPN's Adrian Wojnarowski, they are progressing toward finalizing a five-year, $158-million max contract extension with the player.

Woj states as well that the deal could be completed by the end of this weekend. Once the deal is completed, the shooting guard will be a member of the Phoenix franchise until 2023-2024.

This isn't the only bit of business the Suns have been doing this offseason, as they also drafted Deandre Ayton number one overall in the 2018 Draft and trading for number 10 pick Mikal Bridges.

They also agreed to terms with Trevor Ariza on the first day of free agency after his second stint with the Houston Rockets came to an end, and they also waived point guard Tyler Ulis the day before.

The release of Ulis reportedly caught Booker off guard, leaving him upset with the front office since the two were great friends and built a bond in college at the Kentucky Wildcats.

However, it doesn't appear to have done enough to sway the 21-year-old from not signing a new deal with the Suns this summer.

Now Booker has cemented himself as the Suns' cornerstone star, the team will now be looking at him to lead the team out of the lottery and back to the NBA playoffs for the first time since the 2009-10 season when they made the Western Conference Finals.

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