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Bradley Beal will take major financial hit if he reaches buyout with Suns
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- Bradley Beal will take major financial hit if he reaches buyout with Suns
Credit: Mark J. Rebilas-Imagn Images
With Kevin Durant officially out of Phoenix , attention now turns to Bradley Beal's future with the Suns . The two sides are reportedly nearing a buyout deal, but Beal will need to do something major on his end to make it happen.
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According to The Athletic's NBA insider Fred Katz , Beal must give back nearly $14 million to the Suns to make a buyout possible.
"Because of a quirk in the collective bargaining agreement, Beal, who has $110.8 million and two years remaining on his contract, must give back at least $13.8 million for the Suns to be allowed to stretch him. If he did, Phoenix would then have a dead cap hit of $19.4 million on its books in every season through 2029-30," explains Katz.
If this deal gets done, the Suns will get out of the $207 million second tax apron of the salary cap and will also exit the luxury tax.
The Suns acquired Beal ahead of the 2023-24 season from the Washington Wizards , giving up Chris Paul , Landry Shamet , four first-round pick swaps and six second-round selections. Phoenix hoped Beal was the final piece to form a championship trio with Durant and Devin Booker , but it never materialized. They were swept by the Minnesota Timberwolves in the first round of the 2024 playoffs and failed to make the postseason this past year.
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Beal missed 58 regular season games in his two seasons with the Suns, averaging 17.6 points, 4.3 assists and 3.9 rebounds in 106 games, while shooting 50.5% from the field and 40.7% from three.
If Beal is bought out and waived, he has been linked to the Los Angeles Lakers and Clippers , Golden State Warriors and Milwaukee Bucks .
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