The Phoenix Suns are close to appointing Mike Budenholzer as their head coach, with a generous financial package reflecting their commitment.
Budenholzer has accepted a five-year deal from the Suns, valued at over $50 million, as reported by Shams Charania of The Athletic.
This contract positions him among the top earners in NBA coaching, with an annual salary exceeding $10 million.
In comparison, Frank Vogel, the former Suns coach, also secured a five-year contract when he joined the team last year, though his agreement was worth around $31 million—significantly less than Budenholzer’s. Clearly, the Suns are making a substantial investment this time around.
Budenholzer emerges as a definitive beneficiary in this arrangement, stepping into a leadership role for a team spearheaded by stars like Kevin Durant and Devin Booker, and securing a lucrative salary.
His negotiation leverage was likely boosted by interest from another team in the Western Conference, which helped him command a higher price from Phoenix.
