Devin Booker is set to earn a significant amount. Sources reported that the 28-year-old point guard has agreed to a new two-year maximum contract extension with the Phoenix Suns, worth $145 million. This deal sets a new record for the highest annual salary in NBA extension history at $72.5 million, surpassing the previous benchmark held by Shai Gilgeous-Alexander of the Oklahoma City Thunder, who recently signed a four-year contract averaging $71.25 million annually.
This extension follows Booker becoming the Phoenix Suns` all-time leading scorer during the 2024-25 season. Drafted by the Suns in 2015, he has played his entire 10-season NBA career with the team, and this new contract reinforces his commitment to the franchise. Last season, Booker maintained his consistent scoring, averaging 25.6 points per game, marking his ninth consecutive season averaging 20 or more points.
Here`s a look at how Booker`s landmark contract compares to other major active deals across the top professional sports leagues.
NBA
Shai Gilgeous-Alexander, Oklahoma City Thunder
Contract: 4 years, $285 million
Year Signed: 2025
The reigning NBA MVP, Gilgeous-Alexander signed a contract in 2025 that gave him the richest annual salary for a player in NBA history at the time.
Jayson Tatum, Boston Celtics
Contract: 5 years, $314 million
Year Signed: 2024
The first player to earn $70 million in a single season, Tatum holds the record for the most playoff points scored by a player aged 26 or younger in NBA history. He averaged 25 points per game during the Celtics` championship run in 2024.
Jaylen Brown, Boston Celtics
Contract: 5 years, $304 million
Year Signed: 2023
Brown averaged 22.2 points per game last season, his sixth straight campaign putting up at least 20 points per game.
Nikola Jokic, Denver Nuggets
Contract: 5 years, $272 million
Year Signed: 2022
Jokic signed a max extension with the Nuggets in 2022 that, until Brown`s deal, was the largest contract in NBA history.
Bradley Beal, Washington Wizards
Contract: 5 years, $251 million
Year Signed: 2022
After declining an option to become a free agent in 2022, Beal signed a max contract to remain with the Wizards for the next five seasons. His time in Washington under the extension proved short-lived, however, as he was dealt to the Phoenix Suns the following offseason.
Giannis Antetokounmpo, Milwaukee Bucks
Contract: 5 years, $228.2 million
Year Signed: 2021
At the time, this was the largest contract in NBA history. Antetokounmpo led them to a title and was named Finals MVP in 2020-21. He`s only gotten better since then and averaged over 30 points per game in back-to-back seasons for the first time in his career.
NFL (by practical guaranteed money)
Josh Allen, Buffalo Bills
Contract: 6 years, $330 million (75.76% guaranteed)
Year Signed: 2025
Allen earned his first NFL MVP award in 2024-25, leading Buffalo to a 13-4 regular-season mark and a trip to the AFC Championship Game. His new deal guarantees him $250 million, the most guaranteed money of any contract in NFL history.
Dak Prescott, Dallas Cowboys
Contract: 4 years, $240 million (96.25% guaranteed)
Year Signed: 2024
Prescott had the second-best year of his NFL career in 2023, when he threw 4,516 passing yards for a career-high completion percentage of 69.5. His deal comes with $231 million in guaranteed money.
Jordan Love, Green Bay Packers
Contract: 4 years, $220 million (77.5% guaranteed)
Year Signed: 2024
Love was coming off his best year in the NFL in 2023, leading the Packers to a 9-8 record while throwing 32 touchdown passes in his first full year as a starter. His new deal includes $155 million on new guarantees.
Trevor Lawrence, Jacksonville Jaguars
Contract: 5 years, $275 million (72.7% guaranteed)
Year Signed: 2024
Lawrence led the Jaguars to an 8-8 record in the 2023 season and threw for 21 touchdowns, the second most of his career so far. His contract has $200 million guaranteed.
Joe Burrow, Cincinnati Bengals
Contract: 5 years, $275 million (79.6% guaranteed)
Year Signed: 2023
Burrow led the Bengals to a 12-4 record in 2022-23. He threw for 35 touchdowns to go with 12 interceptions, passed for 4475 yards and completed 68.3% of his passes along the way. His contract has $219 million guaranteed.
Justin Herbert, Los Angeles Chargers
Contract: 5 years, $262.5 million (83.3% guaranteed)
Year Signed: 2023
Herbert was selected with the sixth overall pick in 2020, and in the 2022 season, he led the Chargers to their first playoff appearance in four years.
His 14,089 passing yards and 1,316 passing attempts are the most through a quarterback`s first three NFL seasons. His average annual salary jumped up to $52.5 million, among the highest in NFL history.
Lamar Jackson, Baltimore Ravens
Contract: 5 years, $260 million (71.1% guaranteed)
Year Signed: 2023
Jackson was the second unanimous selection as NFL MVP in his first full season. He represented himself in contract negotiations, which went on for 27 months. His new Ravens deal includes $185 million guaranteed.
Jalen Hurts, Philadelphia Eagles
Contract: 5 years, $255 million (70.3% guaranteed)
Year Signed: 2023
Hurts, who led the Eagles to a Super Bowl LVII berth, threw for 3,701 yards with 22 touchdowns and rushed for 760 yards and 13 scores. His extension, which includes the first no-trade clause in franchise history, will be about $51 million per year.
Deshaun Watson, Cleveland Browns
Contract: 5 years, $230 million (100% guaranteed)
Year Signed: 2022
Watson`s contract is one of the largest in NFL history, and notably, it is fully guaranteed. His tenure with the Browns has been impacted by an 11-game suspension for violating the NFL`s personal conduct policy. He threw for 7 touchdowns against 5 interceptions in six 2022 starts.
MLB
Juan Soto, New York Mets
Contract: 15 years, $765 million
Year Signed: Information not specified, deal agreed.
One of the most highly anticipated free agents, Soto`s market reached unprecedented levels in professional sports. His 15-year deal marks the most years on a contract in MLB history, surpassing Fernando Tatis Jr.`s 14-year contract signed in 2021. Soto is coming off a season where he hit a career-high 41 home runs to go alongside 109 RBIs with the New York Yankees.
Shohei Ohtani, Los Angeles Dodgers
Contract: 10 years, $700 million
Year Signed: 2023
Entering free agency, Ohtani`s market was projected between $500 to $600 million. The Dodgers made a groundbreaking offer for arguably baseball`s best player. Ohtani will not pitch in the upcoming season because of an elbow injury, but is expected to contribute offensively and will likely be in the mix to make the playoffs for the first time in his career.
Mike Trout, Los Angeles Angels
Contract: 12 years, $426.5 million
Year Signed: 2019
Trout has been either the best player in baseball or close to it for the better part of a decade, and the Angels rewarded him accordingly. At the time he signed this deal, it was the richest contract in professional American sports. Though he`s been hampered by injuries, he played 453 games (and counting) and won the 2019 MVP since the signing.
Mookie Betts, Los Angeles Dodgers
Contract: 12 years, $365 million
Year Signed: 2021
The Dodgers secured Betts until the 2030s shortly after acquiring him in a trade from the Boston Red Sox. He`s had two top-five MVP finishes and a World Series win since then.
Aaron Judge, New York Yankees
Contract: 9 years, $360 million
Year Signed: 2022
The Yankees ensured their star slugger remained in pinstripes after he mashed an American League-record 62 homers while hitting .311/.425/.686 with an AL-leading 131 RBIs in 2022.
Francisco Lindor, New York Mets
Contract: 10 years, $341 million
Year Signed: 2021
The Mets signed Lindor to this large deal shortly before Opening Day 2021. Though he had a disappointing performance that season, he rebounded nicely in 2022 as the team won 101 games. Lindor hit a home run in the postseason, but the Mets fell to the Padres 2-1 in their National League wild-card series.
Fernando Tatis Jr., San Diego Padres
Contract: 14 years, $340 million
Year Signed: 2021
Tatis had a huge season after signing his contract, hitting a league-leading 42 home runs and putting up 6.6 WAR in 2021. Injuries and a suspension for performance-enhancing drugs caused him to miss the entirety of the 2022 campaign, however.
NHL
Leon Draisaitl, Edmonton Oilers
Contract: 8 years, $112 million
Year Signed: 2024
Fresh off a Stanley Cup Finals appearance, the Oilers are keeping their star center in Edmonton. Draisaitl tallied 106 points last season — his fifth campaign in six years to surpass the century mark. The one season in that stretch Draisaitl didn`t accumulate over 100 points was the pandemic-shortened 2020-21 campaign.
Shea Weber, Nashville Predators
Contract: 14 years, $110 million
Year Signed: 2012
Despite a distinguished career and five years remaining on his lengthy contract, Weber has been plagued by injuries and hasn`t played since the 2020-21 season. It`s quite possible that he`ll never play in the NHL again.
Sidney Crosby, Pittsburgh Penguins
Contract: 12 years, $104.4 million
Year Signed: 2013
`Sid the Kid` won`t be a free agent until his age-38 season, but he`s still producing for the Penguins. He was 10th in the league in points in 2021-22 and ended 2022-23 in 16th.
Connor McDavid, Edmonton Oilers
Contract: 8 years, $100 million
Year Signed: 2018
McDavid hasn`t led the Oilers to a Stanley Cup win yet, falling short to the Florida Panthers in 2024. But, he`s one of just two players to unanimously win the Hart Memorial Trophy, doing so in 2021. The other unanimous winner? Wayne Gretzky.
Gareth Tenby