According to the Suns' official announcement, they and the team's general manager James Jones have renewed their multi-year contract.

James Jones retired in the summer of 2017 and later joined the Suns as vice president, and after more than a year of experience, he became the general manager of the Suns in April 2019 and later signed Monty Williams for the Suns, bringing in Paul last season.
As a young general manager, Jones' two operations have allowed the Suns to improve rapidly over the past two seasons. The team, which has been in the past for many years, returned to the finals last season and played a performance that surprised countless people. Especially in the first round of the playoffs, they easily eliminated the defending champion Lakers led by James and Davis, which is very surprising.
When he was a player, James Jones was a no-name pawn, and his performance on the court was very general, and the impression of him was more that he had partnered with James for many years and became a close friend of James.
But after retiring, Jones quickly showed his super ability to operate, and mixed well in another position. Last season, he was also elected general manager of the year for the foundation of a huge breakthrough for the Suns.
This season, the Suns have continued to perform well. At present, they are pressing the Warriors with Curry, Thompson and others to rank first in the league, and the record is still very prominent, which also has a lot to do with Jones's operation.
Now, it makes sense for the Suns and Jones to renew their multi-year contracts.