After constant back and forth between the camps of Eric Bledsoe and the Phoenix Suns, they have finally reached an agreement on a contract extension a week before the qualifying offer deadline. Bledsoe's new contract will pay him $70 million over a 5 year span in which he will average $14 million per year, $2 million more per year than what the Suns initially offered. A major push by the Wolves to acquire Bledsoe must have indicated to the Suns brass that there would be heavy interest in the young point guard next season and they didn't want to risk losing him for nothing. While many Suns fans probably wished management wouldn't budge on their initial offer, this is a winning deal locking up potentially one of the best defensive point guards in the league. While he is an injury risk, Bledsoe has shown constant improvement in his game and played a big role in the Suns success last season. The Suns now have one of the best backcourts in the game with Dragic and Bledsoe and the depth is exceptionally good with Isaiah Thomas, Archie Goodwin, Tyler Ennis, and potentially Zoran Dragic.