Devin Booker signs five-year, $158m extension with the Phoenix Suns

Los Angeles Lakers v Phoenix Suns

After spending the past week negotiating, the Phoenix Suns have finally tied down Devin Booker to a long-term contract extension.

The shooting guard officially put pen to paper on a whopping five-year, $158 million deal on Saturday.

At just 21, he's developed into the franchise player in Phoenix and the team had no doubts about giving him such a lucrative contract.

The Suns are banking on Booker to be the player that leads them back to winning ways in the coming years and eventually back into the playoffs.

This commitment by the organisation shows that they have belief in his ability to make them competitive again.

“We are thrilled to announce this contract extension with Devin,” said general manager Ryan McDonough.

“‘Book has been a pillar for the Suns franchise ever since he arrived in Phoenix in 2015. Devin and the team both wanted to extend his agreement with the club as long as we possibly could.

"This agreement reflects a commitment from both parties to the Phoenix community, the state of Arizona and Suns fans worldwide.”

The youngster took to Twitter to make the announcement and share the news with excited Suns fans.

“I am humbled and honoured to commit to the Suns organisation long term,” said Booker. “I have loved calling Phoenix home the last three seasons as this team and community are special to me.

"Thank you to the Suns for drafting me and believing in me. I look forward to the future and pursuing a title as a Phoenix Sun.”

Becoming a star

Booker is coming off his most productive year in his third campaign in the league as he averaged 24.9 points.

Over his three seasons, he's posted 19.8 points, 3.5 assists and 3.3 rebounds in 208 games.

Phoenix Suns v Boston Celtics

He was drafted with the number 13 pick three years ago and it has proven to be a smart decision by the Arizona-based outfit.

The former Kentucky product is becoming an elite scorer and is already regarded as one of the best shooters in the league.

This was perfectly illustrated by his historic 70-point performance against the Boston Celtics in the 2016-17 season.

He set a franchise record and became the youngest player in NBA history to put up 60 points or more.

This deal represents an impressive summer for the Suns after they also drafted DeAndre Ayton with the number one overall pick.

They also secured the number 10 pick in a trade with the Philadelphia 76ers and selected Mikal Bridges.

With the 2017 number four pick Josh Jackson also in their ranks, Phoenix will put three lottery players alongside Booker next season as part of an exciting young team.

The future is certainly bright for the Suns and with their star player on board for the long haul, things will surely get better soon.

CLICK HERE to listen to Episode Two of the new GiveMeSport NBA podcast, featuring New York Times senior writer Marc Stein. Subscribe for all future episodes.

News Now - Sport News