Phoenix Suns Lock Up Guard Collin Gillespie with $48M Deal

Guard Collin Gillespie is reportedly turning down the open market and choosing to stay put, agreeing to a four-year contract worth $48 million to continue playing for the Phoenix Suns, according to reports released Saturday.

Gillespie had a standout season as a long-range shooter, knocking down 232 three-pointers to set a new franchise record. The previous mark of 226 had been held by Quentin Richardson, set during the 2004-05 season.

The versatile guard also put up career-best numbers across the board last season, averaging 12.7 points, 4.6 assists, 4.1 rebounds, and 1.2 steals per game over 80 appearances, including 58 starts. He connected on 40.1% of his shots from beyond the arc.

His chemistry with Suns standout Devin Booker in the backcourt was seen as a key reason Phoenix was eager to retain him. The Suns surprised many by finishing with a 45-37 record last season before being eliminated by the Oklahoma City Thunder in the opening round of the Western Conference playoffs.

Gillespie’s path to the NBA was anything but conventional. After earning third-team All-American recognition in each of his final two seasons at Villanova, he went undrafted in the 2022 NBA Draft. He appeared in 24 games for the Denver Nuggets during the 2023-24 season before landing in Phoenix, where he played in 33 games — nine of them starts — during the 2024-25 campaign.