Booker likely to make $60 million a year during supermax extension, but there’s a chance for a lot more

When your favorite NBA shooting guard Devin Booker made the All-NBA team this year — first team, in fact — he became eligible for a ‘supermax’ extension worth 35% of the 2024-25 salary cap, followed by 8% raises each year after that.

The Phoenix Suns immediately offered Book that deal and Book immediately signed it.

For Devin Booker and close friend Karl-Anthony Towns of the Minnesota Timberwolves, who both were drafted in 2015 and signed that same designated veteran max extension this summer, that extension could easily include salaries that top $60 million per year.

The All-NBA pair are currently projected to be the 7th-highest paid players in the NBA in the 2024-25 season, behind only Stephen Curry, Kevin Durant, Joel Embiid, Jimmy Butler, Nikola Jokic and Bradley Beal.

If GM James Jones gets his way and acquires Kevin Durant, the Suns would have two of the seven highest-paid players in the game two seasons from now.

A total of 18 players are currently slotted to make at least $40 million in the 2024-25 season, and that’s still two years away. By the summer of 2024, that number of $40 million players could double.

The most any one player can make, under the NBA’s Collective Bargaining Agreement with players, is 35% of the league’s salary cap. These aren’t the old days, like the 90s, where Michael Jordan’s final contract with the Bulls of $33 million for the 1997-98 season was…

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