PHOENIX – The Phoenix Suns today announced that the team has signed guard Grayson Allen to a multi-year contract extension.

“Grayson embodies our values and we are committed to him being a key member of our core as we continue to build together into the future,” said Phoenix Suns President of Basketball Operations and General Manager James Jones. “He has been outstanding for us this season, leading the league in three-point shooting while providing a versatile skillset and competitive spirit on both ends of the floor. Phoenix has become a home for Grayson and his family, and we are thrilled that they want to be part of this community and our winning culture for years to come.”

The NBA’s league leader in three-point percentage for the 2023-24 season, Allen posted career highs across the board in his first season with the Suns, averaging 13.5 points on 49.9% shooting from the field and 46.1% from three-point range, 3.9 rebounds and 3.0 assists in 33.5 minutes over 75 games (starting 74). He recorded eight games with 25-plus points, including twice scoring his season high of 32 (Dec. 25 vs. Dallas, March 20 vs. Philadelphia). Allen received the 2023-24 Majerle Hustle Award, presented at the end of each regular season to the Suns player who most personified the same hustle, grit and determination that Suns Ring of Honor member Dan Majerle displayed as a player.

“I love being in Phoenix and believe in what we can achieve here,” said Allen. “Thank you to Mat Ishbia and the organization for embracing me. I’m excited to make a long-term commitment to remain in this community and continue building with this team.”

Allen became the first-ever Suns player to lead the NBA in three-point percentage for a season and his 46.1% mark with 205 three-pointers made stands as the fifth-highest single-season percentage in NBA history by a player to make at least 200 three-pointers. He tied the Suns single-game record by making nine three-pointers on three occasions and tallied seven games making at least eight three-pointers, trailing only Golden State’s Stephen Curry for the most such performances in the league this season.

A six-year NBA veteran, Allen holds career averages of 10.5 points on 45.2% from the field, 41.2% from three-point range and 86.6% from the free throw line in 339 games with the Suns, Milwaukee Bucks, Memphis Grizzlies and Utah Jazz. He has averaged double figures scoring in each of the last four seasons and is one of only three players in the NBA to shoot over 39% from three-point range in each of the last five seasons. The 28-year-old entered the league as the 21st overall pick of the 2018 NBA Draft by Utah, following a standout four-year career at Duke University.