The Phoenix Suns have notified Chris Paul that they intend to find a resolution this offseason that fits the veteran star and the Suns organization, which could include parting ways, league sources tell The Athletic.
The Suns and Paul are exploring multiple options, league sources tell The Athletic, including a trade, waiving and stretching his contract over multiple years, or waiving and potentially re-resigning him in free agency, league sources say.
The Suns had initial discussions Wednesday with Paul’s agent, Steven Heumann of CAA Sports and explained that they would be exploring all options.
Bleacher Report first reported the news that the Suns reached out to Paul about their plans.
The Suns have a June 28 guarantee deadline on Paul’s $30.8 million contract. Roughly $15 million is currently guaranteed.
Backstory
Paul, 38, spent the past three years with Phoenix, helping lead the Suns to the 2021 NBA Finals. He missed the final four games of the Suns’ playoff run as he dealt with a groin injury. Phoenix’s season ended with a 125-100 Game 6 blowout.
The 12-time All-Star averaged a career-low 13.9 points to go along with 8.9 assists and 1.5 steals per game in 59 contests last season.
A member of the NBA 75th Anniversary Team, Paul holds career averages of 17.9 points, 9.5 assists, 4.5 rebounds and 2.1 steals per game.
The 2006 NBA Rookie of the Year has been selected to 11 All-NBA teams, nine All-Defensive teams, led the league in steals six times and in assists five times. He ranks third in NBA history in both steals and assists.
Required reading
Suns’ Chris Paul, 2 weeks shy of 38, shows he can still close in the playoffs
(Photo: Bart Young / NBAE via Getty Images)
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Damn...
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Mike Malone tearing up his office right now