Free agent wing Josh Okogie has agreed to a two-year, $16MM contract to stay with the Suns, reports Shams Charania of The Athletic (Twitter link).
Sources tell Michael Scotto of HoopsHype (via Twitter) that the second season of the 6’4″ guard/forward’s deal will be non-guaranteed.
According to Charania and Gerald Bourguet of PHX Sports (Twitter links), Okogie had drawn some interest from several other clubs before ultimately deciding to return to Phoenix. Bourgeut notes that the Suns used Okogie’s Early Bird rights to bring him back into the fold.
Cap expert Yossi Gozlan tweets that Okogie’s new detail will increase the Suns’ luxury tax penalty by an eye-popping $47MM.
The 25-year-old arrived in Phoenix in the 2022 offseason as a free agent after spending his first four pro seasons with the Timberwolves. Minnesota initially selected him with the No. 20 pick out of Georgia Tech in the 2018 draft.
Okogie has emerged as a valuable role player across two playoff seasons in the competitive Western Conference. In his 60 healthy games last season, Okogie averaged a modest 4.6 points, 2.6 rebounds, 1.1 assists and 0.8 steals in just 16.0 minutes per night, with a shooting line of .417/.309/.745. He is more valued for his multifaceted defense than his scoring, however, a skill set that may be a bit harder to measure.