The Phoenix Suns have agreed to a five-year, $70 million contract with restricted free-agent guard Eric Bledsoe, sources told ESPN.com.
The deal is a culmination of months of talks and stalemates between the sides that ultimately resulted in Bledsoe getting the largest deal of any restricted free agent this offseason.
It represents a relief for both sides as the Suns are able to lock up one of their franchise cornerstones for the long term and Bledsoe gets security after his best season as a pro, averaging 17.7 points and 5.5 assists per game in his first season in Phoenix.