PHOENIX — As expected, the Phoenix Suns have worked out a new multi-year contract to keep Chris Paul in hopes of making another NBA Finals run.
The Phoenix Suns announced Friday that the organization re-signed the point guard to a multi-year contract.
According to ESPN's Adrian Wojnarowski, Paul has agreed to a new four-year deal that could be worth as much as $120 million.
Phoenix Suns All-Star guard Chris Paul has agreed to stay on a new four-year deal that could be worth as much as $120 million, his agents Steve Heumann and Ty Sullivan of @CAA_Basketball tell ESPN.— Adrian Wojnarowski (@wojespn) August 2, 2021
Paul will enter the 17th season of his career later this year as an 11-time All-Star, 10-time All-NBA selection and 9-time All-Defensive selection.
Paul is still chasing his first NBA Championship after taking an inexperienced young Suns team into the finals this past season. The Suns fell to the Bucks 4-2 after leading the Finals series 2-0.
Guard Cameron Payne has also agreed to stay with the Suns as well, on a multi-year contract, according to the organization.