In a strategic yet surprising move, the Phoenix Suns have waived veteran forward Nassir Little and second-year guard EJ Liddell. This decision, while creating an open roster spot, also underscores the financial gymnastics facing the club as they navigate a profoundly challenging salary landscape.
Financial Constraints
With a league-high payroll of $219 million, the Suns are operating well above the "second apron," a financial threshold imposed by the NBA's salary cap regulations. This has brought significant limitations to their operations as the team cannot aggregate salaries in trades, trade for more money than they send out, utilize any version of the mid-level exception, nor sign players from the buyout market whose initial salary exceeded the non-taxpayer mid-level exception.
The Nassir Little Scenario
Nassir Little's tenure with the Suns was short-lived but noteworthy. Acquired as part of the high-profile Damian Lillard-Jrue Holiday blockbuster trade, Little brought potential and depth to Phoenix's roster. However, his performance fell short of impactful, averaging just 3.4 points and 1.7 rebounds over 45 games. The Suns have decided to deploy the stretch provision to manage his departure, which means Little, who had three years and $21 million left on his contract, will receive $3 million annually until 2032.
The EJ Liddell Journey
Similarly, EJ Liddell's journey to the Suns has been a rollercoaster. Originally a second-round pick by the New Orleans Pelicans in 2022, Liddell's rookie season was derailed by an unfortunate ACL tear during the Summer League. He has since played only eight games for the Pelicans last season and spent considerable time in the G League to regain form. Liddell later moved to the Atlanta Hawks as part of the Dejounte Murray deal before being sent to the Suns in exchange for David Roddy. Despite the promise he showed, the Suns have deemed it necessary to part ways with the young guard.
Rising from the Challenges
Earlier this summer, the Suns took another noteworthy step by securing the services of Tyus Jones on a minimum contract. This keenness to make tough decisions showcases a disciplined approach from the Suns' management. They have ensured that despite the financial constraints and the consequent removal of players, the team remains poised for flexibility and future opportunities.
With an open roster spot, the Suns now have a unique opportunity. They can scout and sign emerging talents or veterans willing to accept minimum contract offers. This opening could be crucial for the team's ability to adjust mid-season, providing depth where needed and introducing a fresh dynamic to their strategy.
In sum, while the decisions to waive Nassir Little and EJ Liddell may come as a surprise to some, they reflect a broader financial strategy aimed at maintaining competitive viability. The Suns' management is showing an unwavering commitment to making decisive moves that align with both their economic and athletic goals. As the season progresses, the Suns will undoubtedly continue to look for strategic enhancements to bolster their roster.