Phoenix Suns Extend Dillon Brooks for Three Years, $73 Million with Larry Bird Exception.

The Phoenix Suns have taken a significant step in their rebuild by extending forward Dillon Brooks for three years, $73 million, using the NBA's Larry Bird exception.

Financial Implications

The move comes as owner Mat Ishbia's company, United Wholesale Mortgage, faces financial losses and recoups multi-billion dollar amounts. The Suns' salary now stands at $240.9 million, with the team operating above the league's cap of $165 million.

Brooks, who became a key piece in the team's rebuild after being traded from Houston last year, will continue to be a vital part of the squad for the next three seasons.

"It makes you feel comfortable," Brooks said during a recent media session. "It gives you a sense of trust. From the beginning when the trade happened I felt that trust. That's why it was easy to sign this extension and be part of such a great organization."

The Suns' decision to extend Brooks using the Larry Bird exception highlights the team's commitment to building around their core players.

Despite the financial implications, the Suns are confident in their ability to manage their salary cap and continue to compete at a high level.