What happened: Devin Booker signed a two-year, $145 million extension in July 2025 with a player option for 2029-30. His scoring and shot creation would command interest, though his salary would complicate any return package.
Why it matters: The Bradley Beal trade and subsequent buyout showed how a massive contract can restrict Phoenix's flexibility and leverage. Booker's value remains substantial, but likely buyers would need enough matching salary and draft capital to complete a deal.
By the numbers: Booker has averaged at least 25 points in eight consecutive seasons. Phoenix went 37-27 with him in the lineup last season and 8-10 without him.
What to watch: Phoenix's next roster moves will show how strongly it prioritizes financial flexibility around Booker for 2026-27.