Phoenix presented the offer to Booker at a meeting today. A source tells Bordow that parameters of the deal were outlined and describes the session as “productive,” citing “mutual interest from both sides in working to finalize a deal.”
Booker quickly emerged as an offensive force for the Suns after being taken with the 13th pick in the 2015 draft. He posted career highs across the board in his third season with 24.9 PPG, 4.7 APG, and 4.5 RPG.
The $158MM figure is an estimate based on current cap projections, but the final value won’t be set until next season’s official figures are in place.
Booker and the Suns have until the day before the season starts to complete an extension, but it sounds like the two sides may be able to finalize a deal not long after the July moratorium ends on Friday.