The Phoenix Suns Suns announced on Tuesday that president of basketball operations Lon Babby and the team have agreed upon a two-year contract extension. The new contract guarantees that Babby will remain with the team through the 2013-14 season.

“Lon has led our front office during this important transition period for the organization and he has my full support as we continue to rebuild,” said Suns Managing Partner Robert Sarver.

“I greatly appreciate the faith that Robert Sarver and the entire Suns organization have demonstrated with this new contract,” Babby said. “We have begun the heavy lifting needed to rebuild our team. While the transition is often painful, I am entirely confident that we are taking the necessary steps to regain elite NBA status. I fully embrace the opportunity to continue on that path.”

Babby's long-term status had been put into question this season, prior to he and the team signing a new deal.