2:59pm: Suns GM Ryan McDonough has confirmed the signing, indicating that Canaan will be in uniform and available to play for the club tonight, per Scott Bordow of The Arizona Republic (Twitter link).
1:04pm: One day after landing with the Suns’ G League affiliate, Isaiah Canaan appears poised to be called up to Phoenix. As Shams Charania of The Vertical reports (via Twitter), the Suns intend to sign Canaan to an NBA contract.
[RELATED: Isaiah Canaan joins Suns’ G League affiliate]
The Suns, who had to waive Derrick Jones last week to accommodate a standard NBA deal for Mike James, won’t have to make a corresponding roster move to add Canaan to their roster. According to Charania, the veteran guard will join the Suns via a hardship exception, which will allow the squad to temporarily add a 16th player to its NBA roster.
A team can be granted a hardship exception when it has at least four players who have missed three or more games, assuming those four players are expected to continue to miss time. In Phoenix’s case, Brandon Knight, Davon Reed, and Alan Williams have been sidelined all season, and Devin Booker missed his third straight game on Tuesday. Booker is expected to miss at least another week or two with a left adductor strain.
Canaan, 26, began his NBA career with the Rockets in 2013/14, and has since bounced around the league, spending time with the Sixers and Bulls before briefly returning to Houston this season. Canaan signed with the Rockets in October after Chris Paul was sidelined with a knee issue, but he was waived just four days later.
A Murray State alum, Canaan has appeared in 186 regular season NBA games, averaging 8.4 PPG in 20.2 minutes per contest. He signed a G League contract this week and was claimed by the Agua Caliente Clippers of Ontario, who subsequently traded him to the Northern Arizona Suns. If Phoenix cuts Canaan when Booker returns, Northern Arizona will retain his G League rights.