PHOENIX — The Phoenix Suns enter the 2024-25 season with three of the NBA’s top contracts, thanks to big-money deals for stars like Kevin Durant, Bradley Beal and Devin Booker.
Despite having one of the highest luxury taxes in the league, the Suns have valuable contracts under their trio of stars that will hopefully bode well for pushing Phoenix to its first NBA title.
Two of them – Grayson Allen and Tyus Jones – are ranked among the best contracts in the NBA according to Launderer’s report:
Eric Pincus: “Jones, who started most of last season for the Washington Wizards, couldn’t get a typical market deal with most of the teams’ scarce buying power going elsewhere this summer.
“For $3 million, the Suns are getting a player normally worth at least the non-taxpayer mid-level exception (nearly $13 million). With Phoenix having invested so much in its three stars (Kevin Durant, Devin Booker and Bradley Beal), Jones’ arrival was huge.
“Keeping him beyond this year could be a serious problem for the Suns; that’s why shorter contracts have been mostly ignored on this list – but Jones is the most notable.”
Pincus: “The Suns have their second player on the roster, Grayson Allen, who led the NBA last season with 46.1 percent three-point shooting. Phoenix disappointed in the playoffs, getting swept by the Timberwolves, but losing Allen to an ankle injury at the wrong time contributed to that.
“Allen, 28, signed a four-year, $70 million extension in April, a budget price ($17.5 million average) for a starter and sharpshooter with secondary playmaking skills. Given the size of the Suns’ payroll this season (about $225 million), getting Allen a quality contract was a must.”
Most people might also consider Royce O’Neale’s recent four-year, $42 million deal with Phoenix to be a solid deal, though if Jones can establish himself as a viable starting point guard and Allen can continue to shoot three-pointers, it’s hard to argue with the value of those contracts.
