Jared Dudley Agrees to Extension With Phoenix
The deal, first reported by FanHouse, was struck just before the midnight EDT time deadline Monday.
"It was literally five minutes before the deadline,'' said agent Mark Bartelstein. "Jared is thrilled.''
The deal, which allows Dudley to opt out of the final year, begins next season and runs through 2015-16..
"I want to thank (Phoenix president) Lon (Babby) and (owner) Robert Sarver for all their hard work in getting it done,'' Bartelstein said. "Jared has worked really hard for this.''
Dudley, the No. 22 selection, became the fourth member of the 2007 first round to reach an extension by Monday's deadline. The record low, set last season with six, seemed sure to fall.
Previously getting extensions from the 2007 first-round class were Oklahoma City's Kevin Durant, Atlanta's Al Horford and Chicago's Joakim Noah.
[Update: Memphis extended Mike Conley at the last minute, as well.]
Dudley is averaging 7.0 points in three games this season. He has a career average of 6.6.
Chris Tomasson can be reached at email@example.com or on Twitter @christomasson