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Chris Paul has decided to remain with the Phoenix Suns on a lucrative deal.

Paul has agreed to a four-year deal with the Suns, worth a total of $120M, Chris Haynes of Yahoo Sports reports.

Paul joined Phoenix last season and helped the team reach the 2021 NBA Finals.

The 16-year veteran had a player option for next year, worth $44.2M, but declined it to negotiate a new deal.