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.