Bledsoe, Suns agree on five-year extension

Restricted free-agent guard Eric Bledsoe has reached agreement on a five-year, $70 million contract extension with the Phoenix Suns.

The deal will include no player options, and the $70 million will be fully guaranteed, a source said.

Bledsoe and his agent Rich Paul arrived in Phoenix on Wednesday to meet with Suns management and try to clear the final hurdles toward a new contract.