AP source: Steve Nash agrees to 2-year extension

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PHOENIX -- A person close to the negotiations says Steve Nash and the Phoenix Suns have agreed on a two-year, $22 million contract extension.

The person confirmed the agreement Monday, requesting anonymity because the official announcement hadn't been made.

The deal will keep the two-time MVP point guard under contract with the Suns through the 2011-2012 season.

The 35-year-old Nash had one year left on his contract that would pay him $13 million next season.

(Copyright 2009 by The Associated Press. All Rights Reserved.)