ESPN.com Reports:
After receiving an improved offer last week and taking a few more days to deliberate, two-time NBA Most Valuable Player Steve Nash notified the Phoenix Suns over the weekend that he is accepting the Suns' two-year extension offer worth an estimated $22 million, according to team sources.

Sources told ESPN.com that Nash is expected to formally announce his decision via his Twitter feed later Monday

One team official confirmed that the Suns were aware that Nash strongly considered the idea of playing out his contract next season, which would have enabled him to join the ballyhooed free-agent class of 2010 and possibly move to the New York Knicks to reunite with former coach Mike D'Antoni. Nash, though, ultimately opted for security with the franchise that drafted him out of Santa Clara in 1996 and gave him the platform to earn the nickname "Two-Time" from teammates with his back-to-back MVP seasons in 2005 and 2006 after leaving the Dallas Mavericks to rejoin the Suns in the summer of 2004.

The market is tough out there right now, can't really blame him for wanting the guaranteed cash, the guy is getting older, but I really thought he would want to get back in that D'Antoni system that got him two MVPs

Lets see how this affects the other 2010 FA's now that the 2010 caps appear to be changing...