Two people with knowledge of the contract say the Phoenix Suns have signed star guard Devin Booker to a two-year, $145 max contract extension.

Devin Booker will reportedly become the highest-paid player in NBA history after signing a two-year, $145 million maximum contract extension with the Phoenix Suns through the 2029-2030 season, according to ESPN. The 28-year-old’s annual salary of $72.5 million after the extension is the richest annual average for a contract in NBA history.