The Phoenix Suns have a game against the Denver Nuggets scheduled for Wednesday, which also marks a significant day for wing player Grayson Allen.
Allen becomes eligible for a four-year extension worth up to $75M on that day. If he opts not to sign the extension, he will become an unrestricted free agent, with the Suns retaining his Bird rights.
However, if he chooses to sign an extension with a maximum starting salary of $16.4M, it’s projected that Phoenix’s luxury tax bill could increase by an additional $65-70M, as observed by Duane Rankin of The Arizona Republic.
