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Collin Gillespie Agrees to Four-Year, $48 Million Deal With Suns

The move secures an undrafted guard who broke out last season and gives Phoenix a defined plan for its backcourt while affecting early payroll choices.

Overview

  • Multiple outlets, citing ESPN’s Shams Charania, reported that Gillespie intends to sign the deal, with the agreement reached in the early re-signing window before official free agency.
  • The reported contract is for $48 million and is widely described as a four-year deal, though one outlet initially published a three-year term; at least one NBA insider said the contract is fully guaranteed.
  • Gillespie rose from undrafted two-way status to a core rotation player after spending time on two-way deals with Denver and Phoenix and publicly saying he wanted to remain in Phoenix.
  • His 2025-26 breakout included career highs (12.7 points, 4.6 assists, 4.1 rebounds), playing 80 games, and a Suns single-season record of 232 made three-pointers, which drove his market value.
  • The Suns’ front office negotiated the deal with agents from Excel Sports Management and must now balance the signing with other offseason moves and luxury-tax considerations, including tendering offers to Mark Williams and Koby Breau.