The Phoenix Suns have made significant roster adjustments by waiving veteran forward Nassir Little and second-year guard EJ Liddell, a move that opens up a critical roster spot. This decision aligns with the Suns' overarching strategy to manage their astronomical payroll, which currently stands at a league-high $219 million.
Strategic Financial Management
Part of this financial strategy involves navigating the rigorous constraints of the NBA's "second apron," a financial threshold that imposes severe limitations on team operations. The Suns' management is now unable to aggregate salaries in trades or trade for more money than they send out. Additionally, they cannot utilize any version of the mid-level exception or sign players from the buyout market whose initial salary exceeded the non-taxpayer mid-level exception.
These fiscal constraints necessitate the careful and calculated moves we've seen recently, such as waiving Nassir Little and deploying the stretch provision to manage his remaining salary. Little, originally acquired as part of the high-profile Damian Lillard-Jrue Holiday trade, had three years and $21 million left on his contract. Through the stretch provision, Little will receive $3 million annually from the Suns until 2032. His tenure with the Suns saw him average 3.4 points and 1.7 rebounds over 45 games.
EJ Liddell's Journey
Meanwhile, EJ Liddell's time with the Suns has been marked by a series of transitions and challenges. Initially a second-round pick by the New Orleans Pelicans in 2022, Liddell’s professional journey took a tough turn when he tore his ACL during the Summer League that year, sidelining him for his entire rookie season. He played eight games for the Pelicans last season and spent considerable time in the G League to regain his form and fitness.
Liddell was traded from the Pelicans to the Atlanta Hawks as part of the Dejounte Murray deal before being moved once again to the Suns in exchange for David Roddy. Despite these moves, Liddell struggled to find a consistent role, leading to his eventual release by the Suns.
Roster Flexibility
These moves leave the Phoenix Suns with an open roster spot, an opportunity to scout and sign emerging talent or, perhaps, veteran players willing to accept minimum offers. Earlier this summer, the Suns secured Tyus Jones on a minimum contract, demonstrating their proactive approach to roster management amid financial constraints.
The Suns' management has shown a willingness to make tough decisions, emphasizing their commitment to sustaining a competitive and financially responsible team structure. This approach not only seeks to balance talent on the court but also aligns with the financial realities imposed by the current NBA economic landscape.
As the season progresses, the Suns will undoubtedly continue to be strategic in their roster and financial decisions, aiming to optimize their performance while adhering to the boundaries set by the league's financial rules.