NBA

Devin Booker has established himself as one of the game's elite players, and now he is going to be paid like one. 

Booker and the Phoenix Suns have agreed to terms on a four-year, $214million supermax contract extension, according to multiple reports.

The extension will begin after the two years and $70m Booker has remaining on his current deal signed in 2019. 

Among the NBA's most consistent scorers, Booker has been an All-Star each of the last three seasons and finished fourth in the MVP race in 2021-22.

He was selected to the All-NBA First Team this past year after averaging a career-high 26.8 points to go with 5.0 rebounds, 4.8 assists and 1.1 steals per game. He was joined on the first team by Jayson Tatum, Giannis Antetokounmpo, Nikola Jokic and Luka Doncic.

Booker, who was entering the final year of a five-year, $158m deal, was drafted 13th overall by the Suns in 2015 out of Kentucky.

He improved his scoring average each of his first four seasons and is one of only three players to average at least 25 points in the past four seasons, along with Antetokounmpo and LeBron James.

Booker will also be the cover athlete for the NBA 2K23, per sources. Booker will be among an exclusive group to appear on the cover that includes Doncic, James, Antetokounmpo and Kevin Durant.

As the Suns worked on the Booker deal on Thursday, the team were also reported to be near the front of the queue for Durant, who has requested a trade from the Brooklyn Nets.

The San Antonio Spurs appear committed to their rebuild after it was announced they plan to waive newly acquired forward Danilo Gallinari and withdraw their qualifying offer for Lonnie Walker IV.

Gallinari was brought over to the Spurs in this week's blockbuster trade, which sent Dejounte Murray to the Atlanta Hawks for Gallinari and three first-round draft picks.

The move to trade Murray – their 25-year-old point guard who was named an All-Star for the first time in 2022 – indicated a shift towards the future and a commitment to not being competitive for at least a season or two in order to maximise their draft equity.

Gallinari, at 33 years old, does not fit in with the Spurs' timeline and may not have had enough value to command any draft picks back as a trade chip, so the team have instead opted to buy out his contract – which had one more season and $21.5million remaining.

The move makes Gallinari an unrestricted free agent, meaning he can come to an agreement with any team who have cap space.

Walker, who was a first-round pick by the Spurs in 2018, averaged a career-high in points (12.2) and assists (2.2) this past season, but with plenty of young guard options remaining on the roster, San Antonio opted to withdraw their qualifying offer.

The qualifying offer meant Walker was a restricted free agent, giving the Spurs the option to match any offer tendered to him, which also restricts how many teams view it as a chase worth their time, as the expectation is often that the team will match them.

By withdrawing their qualifying offer, Walker is now an unrestricted free agent, able to choose his own path forward.

Walker is still only 23, so to allow him to walk indicates that he had no trade value at all and that the organisation have decided he is not part of their plans as they prepare for a couple of years near the bottom of the Western Conference.

Bradley Beal agreed his return to the Washington Wizards for a huge five-year, $251million contract as free agency began on Thursday.

Beal had declined his $36.4m player option for the 2022-23 season, becoming an unrestricted free agent.

That move allowed Beal to seek a maximum contract extension as he re-signed with the team.

The agreement was first reported to ESPN's Adrian Wojnarowski by Beal's agent Mark Bartelstein of Priority Sports.

Wizards president and general manager Tommy Sheppard confirmed: "The Wizards intend to enter into a player contract with Bradley Beal once the moratorium period ends."

While Washington could scarcely afford not to reward their key man, it is a huge commitment to a player who was limited to 40 games in 2021-22 due to injury.

The Wizards have won only three playoff series in Beal's 10-year NBA career. They have made the postseason just once in four seasons.

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