Sources: Gillespie back to Suns for 4 years, $48M
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- Collin Gillespie intends to sign a four-year, $48 million deal to return to the Phoenix Suns as a free agent, with his Excel Sports Management agents negotiating with team executives.
- Gillespie went undrafted out of Villanova in 2022 and spent three straight seasons on two-way contracts before landing the lucrative long-term deal, making him a marquee success story of the Suns' development pipeline.
- The Phoenix Suns originally signed Gillespie to a two-way deal in July 2024 and gave him a one-year contract last summer, incrementally building him into a core rotation piece.
- Gillespie broke the Suns' franchise record for three-pointers in a season with 232 while setting career highs across the board: 80 games, 12.7 PPG, 4.1 RPG, 4.6 APG, and 1.2 SPG.
- Playing alongside All-Star Devin Booker, Gillespie showcased dynamic ability at both guard spots, becoming one of only eight NBA players this season to hit at least 90 catch-and-shoot threes and 90 off-the-dribble threes.
Why it matters: The Suns are locking in a 25-year-old guard coming off a record-setting season on a four-year, $48M commitment — a modest cap hit relative to max-level guards, which preserves flexibility around Booker's supermax window. Gillespie's path from undrafted two-way player to franchise three-point record-holder in three seasons validates Phoenix's developmental approach.
