Devin Booker earns an average annual salary of $55,110,496 from his current contract with the Phoenix Suns. For the upcoming 2024-25 NBA season, he is specifically set to earn a base salary of $49,205,800.
Devin Booker signed a substantial four-year contract extension with the Phoenix Suns, totaling $220,441,984. This entire deal is fully guaranteed, underscoring his pivotal role as a franchise cornerstone. While his exact earnings can vary slightly from year to year within the contract, the average annual figure provides a clear overview of his yearly compensation.
Understanding Devin Booker's Contract Details
Booker's contract structure offers a glimpse into the mechanics of high-value NBA deals. Below is a summary of his current agreement:
| Contract Aspect | Details |
|---|---|
| Total Contract Value | $220,441,984 |
| Contract Duration | 4 years |
| Guaranteed Amount | $220,441,984 |
| Average Annual Salary | $55,110,496 |
| 2024-25 Season Salary | $49,205,800 |
| 2024-25 Cap Hit | $49,205,800 |
| 2024-25 Dead Cap Value | $49,205,800 |
Specifically for the 2024-25 season, Devin Booker's base salary will be $49,205,800. This figure also aligns with his cap hit and dead cap value for that specific year, illustrating the financial impact he has on the team's salary cap.
His impressive earnings reflect his status as an All-NBA guard and a consistent offensive threat in the league. Such significant contracts are standard for elite players in the NBA who have consistently demonstrated high-level performance and leadership qualities.
- Impact on Team Salary Cap: A player's base salary directly contributes to the team's salary cap, which in turn influences their flexibility to sign other players and build out their roster.
- Performance-Based Earnings: While base salaries are guaranteed, top-tier players can also earn additional incentives based on individual and team achievements.
For more detailed information on NBA player contracts, including Devin Booker's, you can refer to reputable sports financial tracking sites like Spotrac.
