Phoenix has received a “flurry” of trade calls regarding Chris Paul after the rest of the NBA discovered that the Suns wouldn’t be waiving the future Hall of Famer, at least not yet, Adrian Wojnarowski of ESPN reported on NBA Countdown (YouTube link).
“There are teams that would like to see if they could stack up enough contracts to take on (Paul’s cap hit) for this season and keep him, perhaps even flip him at the trade deadline.
“There are other teams who would trade for him and treat it like salary-cap savings,” Wojnarowski said. “They would not guarantee his contract before that June 28 deadline, and then he would become a free agent.”
As Wojnarowski noted, Paul’s $30.8MM contract for 2023/24 is only partially guaranteed for $15.8MM at the moment, but will become fully guaranteed if he’s not waived on or before June 28.
If Paul does reach free agency, Wojnarowki once again cites the Lakers and Clippers as teams that would have interest in pursuing the veteran point guard. However, he also adds two new clubs — the Knicks and the Warriors — to the list of Paul’s possible free agency suitors.
The Suns are reportedly exploring three options regarding Paul: Trading him; waiving him and perhaps re-signing him (which is far from a guarantee, since he would be free to sign with any team); and waiving him and then using the stretch provision to spread out his $15.8MM partial guarantee over five years (he would be ineligible to re-sign with Phoenix in that scenario).
For what it’s worth, new head coach Frank Vogel recently said he’s “very interested” in working with Paul next season, as Duane Rankin of The Arizona Republic relays.
“I think he’s got a great opportunity to win a championship,” Vogel said in a SiriusXM NBA Radio interview Friday with hosts Amin Elhassan and Eddie Johnson, who does color commentary for the Suns. “I know he’s very motivated by that and I’m very motivated to be the guy that helps him get there. I’m very interested in coaching Chris and Chris being back with us. I’ve communicated that to him. There’s just that, an intangible piece that you cannot overlook when you’re talking about a guy like Chris Paul, right?“