Phoenix Suns Waive Chris Paul, Signaling End of Era

Photo: Instagram/Chris Paul

The Phoenix Suns have made the decision to waive Chris Paul, signaling the end of his era with the team.

This news comes from Bleacher Report's Chris Haynes, who reports that the Suns have chosen to part ways with the veteran point guard.

If Paul had remained on the roster, he would have been guaranteed just over $30 million for the upcoming season, but the team has decided to waive him before the June 28 deadline.

Photo: Instagram/Chris Paul

As a result, the Suns will only be responsible for $15.8 million of his salary for the 2023-24 season. Speculation regarding Paul's future in Phoenix has been circulating for a few months, particularly concerning the team's plans for their point guard position.

There were reports of the Suns expressing significant interest in Kyrie Irving both before and after the trade deadline. With the goal of keeping their championship aspirations alive alongside Kevin Durant and Devin Booker, the Suns deemed it necessary to make changes after a tumultuous few months, which included the recent dismissal of head coach Monty Williams.

Chris Paul is expected to garner interest from multiple teams as a free agent, while the Suns still have Cameron Payne under contract for the upcoming season as a potential fallback option. However, it is clear that Phoenix had a bigger plan in mind when making the decision to waive Paul.

There is now speculation about the future of other key players on the Suns' roster, including Deandre Ayton, who could potentially be actively shopped in the trade market. Parting ways with Paul and Ayton would create salary cap flexibility, and this scenario seems increasingly likely.

During his time with the Suns, Chris Paul played a pivotal role in the team's success, helping them reach the 2021 NBA Finals and achieving a franchise-record 64 wins in the subsequent season.

His leadership and contributions on the court will undoubtedly be remembered, but the Suns have decided to move in a different direction as they look to shape their roster for the future.

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Source: Sports Illustrated
 

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