The Suns Make Strategic Moves Amid Financial Constraints
In a series of strategic moves, the Phoenix Suns have waived veteran forward Nassir Little and second-year guard EJ Liddell, opening up a critical roster spot and demonstrating the Suns' nimble management under significant financial constraints. With a league-high payroll of $219 million, Phoenix finds itself navigating through the intricate financial waters exceeding the so-called "second apron."
Waiving Nassir Little and EJ Liddell allows the Suns some flexibility, although it comes at a cost. Little, acquired as part of the blockbuster Damian Lillard-Jrue Holiday trade, played a limited role last season, averaging 3.4 points and 1.7 rebounds over 45 games. The veteran forward still had three years and $21 million left on his contract. By utilizing the stretch provision, Phoenix will allocate $3 million annually to Little until 2032—a decision aimed at lightening their immediate financial load.
On the other hand, EJ Liddell, drafted as a second-round pick by the New Orleans Pelicans in 2022, had an unfortunate rookie season sidelined by an ACL tear sustained during the Summer League. Playing in only eight games last season and spending significant time in the G League to regain his form and fitness, Liddell has yet to demonstrate his full potential at the NBA level. His move from the Pelicans to the Hawks was part of the Dejounte Murray deal, and he later joined the Suns in exchange for David Roddy. The decision to waive him indicates the Suns are prioritizing immediate contributions over potential future development.
Despite these roster adjustments, the Suns' management remains aware of the significant limitations posed by their financial situation. Exceeding the "second apron" means Phoenix cannot aggregate salaries in trades, cannot trade for more money than they send out, and cannot utilize any version of the mid-level exception. Moreover, they are barred from signing players from the buyout market whose initial salary exceeded the non-taxpayer mid-level exception.
However, Phoenix already demonstrated its ability to strategically maneuver within these limits. Earlier this summer, the Suns secured the services of Tyus Jones on a minimum contract, showcasing their skill in attracting valuable talent under constrained conditions. The current open roster spot now presents a critical opportunity for the Suns to scout and sign either emerging talent or seasoned veterans willing to accept minimum offers.
The Suns' management has shown a willingness to make tough decisions in the face of these financial challenges. The team's ability to remain competitive while managing a substantial payroll and maneuvering within the league's financial regulations will be closely watched by analysts and fans alike.
The path forward for Phoenix requires shrewd and calculated moves, balancing immediate needs with long-term financial health. Each decision, from waiving players to signing new talent, must be meticulously planned and executed. As the Suns navigate this complex landscape, their ability to perform under pressure will define their success in the upcoming season and beyond.