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Stoudemire signs five-year, $73 million extension Amare Stoudemire, who jumped from high school to stardom in the NBA, signed a five-year contract extension Monday with the Phoenix Suns worth about $73 million.
He signed the contract a month shy of his 23rd birthday as the Suns gathered for media day preceding the start of their training camp in Tucson on Tuesday. The 6-foot-10, 245-pound power forward played out of position at center and dominated opponents last season for the high-scoring Suns. Known for his breathtaking slam dunks and uncanny quickness, Stoudemire averaged 26 points per game, fifth-best in the league, as a key member of a Phoenix team that won an NBA-best 62 games. "It's huge for the franchise," said teammate and last season's MVP Steve Nash. "He's the cornerstone of this franchise." Stoudemire, the No. 9 pick in the 2002 draft, won the rookie of the year award over Yao Ming in 2002-03 and has improved each season. He averaged just under 30 points a game in last year's playoffs — 37 against Tim Duncan in the Western Conference finals. The signing follows a lucrative deal with Nike last month. "I've just been working on my game the whole summer to try to take us to the top," Stoudemire said. "This has been a $100 million summer for me, so I'm very proud of that. I'm just looking forward to bringing the championship home right here in Phoenix."
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