Grayson Allen Signs 4-Year Extension with Phoenix Suns

🏀Grayson Allen is one of the best three-point shooters in the NBA, with a career three-point percentage of 46.1%.

💰The 4-year, $70 million extension for Allen puts the Phoenix Suns in a difficult financial position, with a luxury tax penalty of $63 million.

📈Allen has been one of the most consistent players for the Suns, averaging 13.5 points per game and improving their shooting percentages.

🔒Due to the extension, Allen has a six-month trade restriction, preventing him from being traded until April 15th.

🔓Allen has a player option in the fourth year of his contract, giving him the flexibility to become a free agent after three years.

What is the impact of Grayson Allen's extension on the Phoenix Suns' salary and luxury tax?

—The extension increases the Suns' team salary to $226 million and their luxury tax penalty to $104 million, putting them at the second apron level.

Why did the Suns decide to sign Grayson Allen to a 4-year extension?

—The Suns went all-in with their roster and believed that keeping Allen was essential to their success. They had limited alternatives and didn't want to risk losing him in free agency.

Can Grayson Allen be traded after signing the extension?

—Grayson Allen can be traded after six months, which means he could be moved during the next season if the Suns decide to make any roster changes.

Does the extension affect the Suns' flexibility in signing other players?

—Yes, the extension puts the Suns in a restricted financial position, limiting their ability to use certain trade exceptions and take on more salary in trades.

Is Grayson Allen's extension considered a good deal for both sides?

—Yes, it is a solid deal for both Grayson Allen and the Suns. Allen gets financial security and a chance to prove himself further, while the Suns secure a valuable player for their roster.

00:00The Phoenix Suns, who are not participating in the playing tournament, have signed Grayson Allen to a 4-year, $70 million extension.

01:24Allen is known for his impressive three-point shooting, with a career three-point percentage of 46.1%.

02:22The extension increases the Suns' team salary to $226 million and their luxury tax penalty to $104 million.

03:45Allen's consistency and strong performance this season make him a valuable player for the Suns.

05:00The extension includes a six-month trade restriction for Allen, preventing him from being traded until April 15th.