Suns Rumors

Stein’s Latest: Butler, Beal, Okogie, C. Johnson, Mavericks

January 20th, 2025 at 9:00am CST by Arthur Hill

Jimmy Butler‘s return from his seven-game suspension hasn’t changed the Heat‘s desire to work out a trade before the February 6 deadline, Marc Stein writes in his latest Substack column (subscription required).

Butler was back in the starting lineup and played 33 and 28 minutes as Miami split a pair of weekend games, but concerns remain that the relationship will continue to deteriorate if he’s still on the roster past the deadline. Sources tell Stein that the Heat are “exploring every potential pathway” to assemble a multi-team trade to get Butler off their roster.

The Suns remain Butler’s preferred location, but it’s not clear that Phoenix is eager to pursue him or that it has enough assets left to make a competitive offer, Stein adds. Phoenix gave up three second-round picks and got one in return in last week’s trade for Nick Richards. That leaves the Suns with just their 2031 first-rounder and a 2025 second-rounder from Denver to offer in any deal.

The Raptors have been mentioned as a team that might be interested in helping to facilitate a Butler trade, and Stein says a well-placed source told him that “about half the league” has expressed similar sentiments to Miami. He cites the Timberwolves as another club that might be willing to help the Heat move Butler on to his next location in exchange for other assets.

Stein shares more inside information from around the NBA:

League sources confirmed to Stein a report that Butler’s camp hasn’t told the Bucks not to pursue a deal. However, he believes Milwaukee might be more interested in reviving its previous interest in Suns guard Bradley Beal if it’s going to add a player in that salary range. Stein points out that the Bucks can’t trade for either player without dropping below the second apron, which would likely mean trading Pat Connaughton‘s $9.4MM contract without taking back any salary in return.
Some rival teams are questioning why the Hornets were willing to take on extra salary in the Richards trade while only netting two second-round picks, Stein adds. Charlotte acquired Josh Okogie at $8.3MM while parting with Richards’ $5MM contract, a move that will save the Suns more than $20MM in luxury tax. Stein speculates that the Hornets may have another move planned involving Okogie before the deadline.
Stein hears that the Nets don’t feel an urgency to trade Cameron Johnson because they’ve already weakened their team enough for tanking purposes by unloading Dennis Schröder and Dorian Finney-Smith. Brooklyn is just 4-13 since sending Schröder to Golden State and has moved into sixth in the race for the best lottery odds.
Mavericks general manager Nico Harrison is typically active at the deadline, but Stein doesn’t believe the team’s injury woes will force him into a move. “We look at everything,” Harrison said in a recent interview with Dalton Trigg for his Mavs Step Back Substack (subscription required), “but we’re not going to be reactionary to a short-term injury.”
Discussing the Mavericks, Stein also writes that it would be a “misnomer” to suggest Dallas is shopping center Daniel Gafford. However, he didn’t outright dispute a previous report stating that the Mavs have been willing to discuss the big man.

Western Notes: Daigneault, Simons, Green, Curry, Beal

January 19th, 2025 at 9:55pm CST by Dana Gauruder

The Thunder‘s Mark Daigneault has been named a head coach for the All-Star Game with the team clinching the Western Conference’s best record through Feb. 2, the NBA announced on Sunday (via Twitter). Under the new format, the All-Stars will be split into four teams. One of Daigneault’s assistants will also serve as a head coach.

“An honor. A huge thank you to all the people that are behind the scenes in the organization that work with the players, not only this season, but in previous seasons,” the coach told sideline reporter Nick Gallo (Twitter link). “This has been a build, and a lot of people have their fingerprints on that.”

We have more from the Western Conference:

Trail Blazers guard Anfernee Simons sat out Sunday’s game against Chicago due to a right elbow strain, the team’s PR department tweets. Simons, who had made just eight of 34 field goal attempts in his previous three outings, has now missed four games this season.
Warriors forward Draymond Green has officially been ruled out of Monday’s game against Boston with a left calf strain, Anthony Slater of The Athletic tweets. Stephen Curry is listed as questionable due to an ankle sprain, though he told reporters on Saturday he plans to play.
Suns wing Bradley Beal went through a workout on Sunday and is hopeful of playing against Cleveland on Monday. He’s listed as questionable after missing two games due to an ankle sprain. “It’s been good, it’s been smooth,” Beal told Duane Rankin of the Arizona Republic. “I haven’t had any setbacks or anything out of the ordinary. All the imaging came back fully expecting to be nothing crazy. Just a little sprain.”

Pacific Notes: Richards, Poole, Green, Curry, Vincent, Clippers

January 18th, 2025 at 11:00pm CST by Arthur Hill

Nick Richards looked like the big man the Suns have been missing during his debut with the team Saturday afternoon at Detroit, writes Duane Rankin of The Arizona Republic. Richards, who was acquired from Charlotte earlier this week, came off the bench to post 21 points and 11 rebounds in nearly 30 minutes.

Beyond that, Rankin notes that Richards brought energy and “edginess” to the game by competing for rebounds at both ends and driving hard to the basket, which created open three-point attempts for his teammates. He was a plus-22 in a game Phoenix won by four points.

“Everything was flowing,” Richards said. “I was out there being me, playing my style of basketball.”

Jusuf Nurkic, who was recently removed from the starting lineup, remains sidelined with the flu. However, coach Mike Budenholzer said Nurkic has “turned the corner” and his condition will be monitored to see if he’ll join the team before its road trip ends Wednesday in Brooklyn.

Rankin expects Richards to replace Mason Plumlee as the starter soon, and rookie Oso Ighodaro gives the team four capable big men, meaning one or two of them won’t see regular minutes if they’re all still on the roster after the trade deadline.

There’s more from the Pacific Division:

The Wizards‘ visit to Golden State Saturday night prompted questions to coach Steve Kerr about Jordan Poole, according to Sam Gordon of The San Francisco Chronicle. Poole played an important role on the 2022 championship team and once appeared to be a future star for the Warriors, but he was traded to Washington in the summer of 2023 following an infamous incident with Draymond Green. “It’s just really fun to see all of his work pay off and just his growth as a professional, to see it in pretty dramatic fashion over those few years, it was wonderful to see,” Kerr said.
Green will undergo an MRI on Sunday after leaving Saturday’s game with a left calf injury, tweets Anthony Slater of The Athletic. Warriors guard Stephen Curry twisted his ankle, but he doesn’t believe it’s serious.
After missing most of last season due to injury, Gabe Vincent is enjoying the chance to finally be able to contribute to the Lakers, per Khobi Price of The Orange County Register. He had a season-high 14 points in Wednesday’s win over Miami, his former team, then followed that with 10 points Friday against Brooklyn. “My role … is just win games, help us win games,” Vincent said. “Some nights it might be purely defensive, some nights I might be on the ball some more, some nights I might be spotting up. But whatever the task is, I’m out there to help this ballclub win games.”
When the teams meet Sunday, the Clippers will finally be able to host the Lakers in their own arena after years of sharing a facility, notes Janis Carr of The Orange County Register. The Clippers moved into the new $2 billion high-tech Inuit Dome this season. “I heard that place is sick,” Lakers guard Austin Reaves said. “I heard it’s really cool.”

Pacific Notes: Richards, Russell, Christie, Ballmer

January 18th, 2025 at 10:12am CST by Tristan Tucker

The Suns addressed a position of need by trading for Nick Richards on Wednesday, Gerald Bourguet of PHNX Sports writes. According to Bourguet, the Suns value the Kentucky product for his athleticism, defense, rebounding and size, along with the fact that he’s under contract for next season at a team-friendly price (a non-guaranteed $5MM).

In recent games, Phoenix has been at a disadvantage on the offensive glass, which Richards will help address. The former Hornet is averaging 8.9 points, 7.5 rebounds and 1.2 blocks while shooting 56.1% from the field in 21 games (nine starts) this season.

Suns players and coaches expressed excitement about being able to add Richards into their organization, according to Duane Rankin of The Arizona Republic. Head coach Mike Budenholzer said Richards was expected to meet the team Friday in Detroit and that he foresees the center making his Suns debut Saturday against the Pistons.

“We’re excited about adding Nick and what he can bring to our team and how he can impact the game defensively around the rim,” Budenholzer said. “On the boards on both ends of the court. Screen setter. Just that kind of seven-foot size, athleticism can always be impactful.”

We have more from the Pacific Division:

On Friday, ahead of his first matchup with the Lakers after being traded back to Brooklyn, D’Angelo Russell expressed that he was appreciative of his time with Los Angeles, but that he was ready to move on, per ESPN’s Dave McMenamin (Twitter link). He called his second stint with the Lakers a “blur.” Russell scored 19 points, six rebounds and eight assists in the matchup on Friday night but missed a potential game winner.
Kings head coach Doug Christie is a massive part of the franchise’s history, having been a key starter and contributor for the 2001/02 Sacramento team that fell in the Western Conference Finals to the Lakers. Now, under the interim Christie, the Kings have climbed from 13-19 to 21-20 and are firmly back in the postseason picture following the departure of coach Mike Brown. The Sacramento Bee’s Jason Anderson explores Christie’s journey from his tenure as a player to his time as an assistant for the team beginning in 2021.
Clippers owner Steve Ballmer and his wife Connie Ballmer, co-founders of the Ballmer Group, pledged an initial $15MM to help combat the Los Angeles wildfires, they announced on their website. “We love L.A. and are committed to supporting the communities affected by the devastating wildfires,” the statement reads. “In coordination with our local partners, Ballmer Group will contribute to addressing immediate food and shelter needs in the community and supporting our first responders.  … We’ve dedicated an initial $15 million in emergency funding for the many people impacted by these fires, particularly in the historic, racially diverse community of Altadena.” The full list of organizations and efforts they’re providing support for can be found on their site.

Trade Rumors: Johnson, Claxton, Butler, Suns, Raptors, Sixers

January 17th, 2025 at 11:14pm CST by Luke Adams

Nets forward Cameron Johnson is considered one of the most players most likely to be moved at this year’s trade deadline, and people around the NBA believe Brooklyn will be open to listening on center Nic Claxton as well, according to Tim Bontemps and Brian Windhorst of ESPN.

However, at least one league executive who spoke to ESPN pointed out that Johnson’s and Claxton’s multiyear contracts mean the Nets won’t necessarily be operating with any sense of urgency on the trade market, even with the franchise focused on maximizing its odds in the 2025 draft lottery.

“The Nets asking price is high, and they (have made) it known they don’t feel like they have to trade them now,” that exec said. “But if they’re helping them win games, they’ll trade them or put them on the bench.”

Wizards center Jonas Valanciunas, Trail Blazers big man Robert Williams, and Celtics guard Jaden Springer were some of the other players mentioned as likely trade candidates by sources who spoke to Bontemps and Windhorst. Valanciunas and Williams are veterans who aren’t believed to be part of their rebuilding teams’ long-term plans, while moving Springer could reduce Boston’s end-of-season luxury tax bill.

Here are a few more trade-related notes and rumors from across the league:

Discussing Jimmy Butler‘s trade market, an executive who spoke to ESPN made it clear that Pat Riley and the Heat are fully prepared to take their time as they consider all their options. “The Heat don’t have to make a deal with Jimmy until the summer and don’t have to make a decision about the rest of this season until Feb. 6,” the exec said. “They don’t need to do anything in January and that’s how they’re conducting business.”
League sources tell Windhorst that the Suns have discussed using their remaining tradable first-round pick (for 2031) in “various talks around trying to acquire Butler.” Responding to that report, Suns insider John Gambadoro of Arizona Sports 98.7 stated (via Twitter) that Phoenix hasn’t talked to the Heat about that 2031 pick and wouldn’t want to part with it in a straight-up trade for Butler. While that first-rounder would certainly be extremely valuable if it’s unprotected, it’s hard to see how the Suns could acquire Butler without giving it up — and even if the Suns are willing to move the pick, it’s unclear if that would be enough, given that it would come attached to Bradley Beal‘s unwieldy contract.
The Raptors appear to have some interest in getting involved in a potential Butler trade as a facilitator, writes Doug Smith of The Toronto Star. When I considered Butler trade scenarios in a Front Office article earlier this month, I noted that Toronto makes sense as a possible third team due to the relatively favorable expiring contracts on the team’s books, including Bruce Brown ($23MM) and Chris Boucher ($10.8MM). If they’re incentivized to do so, the Raptors could potentially take on multiyear contracts and flip those expiring deals to Miami.
For now, the Sixers continue to focus on maximizing their potential for the current season, according to Bontemps. However, he acknowledges that stance could change depending on how the next two or three weeks play out. Philadelphia has a 15-24 record, will be without Joel Embiid for at least the next week, and will send its 2025 first-round pick to Oklahoma City if it lands outside the top six.

Injury Notes: Nance, Risacher, Kyrie, KAT, Nurkic, Beal, Suggs

January 17th, 2025 at 6:37pm CST by Luke Adams

Veteran forward/center Larry Nance Jr. is making progress in his rehabilitation process following right hand surgery, according to the Hawks (Twitter link), who announced that Nance will be reevaluated in one week and an update on his status will be shared at that time.

The Hawks will be down another forward in the short term, as Zaccharie Risacher, who missed Wednesday’s game vs. Chicago due to left adductor irritation, has been ruled out for two additional contests, per the club.

Risacher will be inactive for Saturday’s visit to Boston and Monday’s to New York before being reevaluated when the Hawks return home from their road trip ahead of next Wednesday’s game vs. Detroit.

Here are a few more injury-related updates from around the NBA:

Mavericks point guard Kyrie Irving will be back in action on Friday vs. Oklahoma City after sitting out the second end of a back-to-back set on Wednesday following his return from a back injury. Head coach Jason Kidd said he expects Irving to play “in the 33 (minute) range,” per Grant Afseth of Dallas Hoops Journal (Twitter link).
Knicks big man Karl-Anthony Towns, who is dealing with a bone chip in the thumb, isn’t facing his old team on Friday, having been ruled out of New York’s game vs. Minnesota just over a half-hour before tip-off, tweets Steve Popper of Newsday. Reporting this week indicated that Towns plans to play through his thumb injury, so it’s possible he’ll be back in action on Monday vs. Atlanta.
Suns center Jusuf Nurkic won’t play on Saturday in Detroit, having been ruled out for a fourth straight game due to an illness, according to Gerald Bourguet of PHNX Sports (Twitter link). Prior to the illness, Nurkic was removed from Phoenix’s starting lineup and was a DNP-CD in two games last week. Suns guard Bradley Beal, who sat out on Thursday due to a left ankle sprain, is listed as doubtful for Saturday’s contest.
Sidelined since January 3 due to a lower back strain, Magic guard Jalen Suggs said he’s “really itching to get back out on the court,” writes Jason Beede of The Orlando Sentinel. An exact return timeline remains unclear, but Suggs has made good progress since being on “bed rest for a couple days” after first sustaining the injury. “Hopefully I’ll be out here soon,” he said on Friday.

Scotto’s Latest: Warriors, Vucevic, Centers, Connaughton, Suns

January 16th, 2025 at 12:24pm CST by Luke Adams

After telling reporters earlier this week that he doesn’t want the Warriors to make a “desperate” trade that compromises the team’s long-term future for short-term gain, Stephen Curry clarified on Wednesday that his comments don’t mean he’s content playing on a .500 team that’s not trying to improve.

“Anyone who thinks I’m OK being on an average basketball team is insane,” Curry said, per Anthony Slater of The Athletic. “Take whatever I said, I still stand on it. But that doesn’t mean we’re not in a situation where we are trying to get better, make appropriate moves that help you do that. (General manager) Mike (Dunleavy Jr.) knows that. We’ve talked about it. That’s the expectation from me. It doesn’t mean you’re reckless.”

As Michael Scotto of HoopsHype reports, Dunleavy and the Warriors are indeed exploring their options on the trade market, with a focus on upgrades in the frontcourt rather than on the wing. Golden State has looked into centers like Nikola Vucevic, John Collins, Jonas Valanciunas, and Robert Williams, according to Scotto, who says the odds of the team making a trade for a forward like Jimmy Butler or Cameron Johnson have decreased.

While the Warriors want to give Curry and Draymond Green a chance to compete for another title, they won’t mortgage their future to make it happen, Scotto writes, adding that the front office still remains reluctant to part with forward Jonathan Kuminga.

Here’s more from Scotto:

Following up on the trade market for centers, Scotto says some NBA executives believe the Bulls could land a first-round pick in a deal for Vucevic, who is having a strong season in Chicago. The Wizards and Trail Blazers are expected to command second-rounders for Valanciunas and Williams, respectively, while Collins’ value is hard to pin down, Scotto notes, given the $26.6MM player option the Jazz big man holds for 2025/26.
Rival executives who spoke to Scotto are monitoring Bucks wing Pat Connaughton as a trade candidate, since Milwaukee could duck below the second tax apron and create more roster flexibility by moving off of his $9.4MM salary. Connaughton is having a down year and holds a $9.4MM player option for ’25/26, so the Bucks would have to attach draft picks and/or cash to move off of him. While the Bucks can’t trade cash as long as they remain above the second apron, they could do so in a trade that moves them below that threshold.
After trading for Nick Richards, the Suns are expected to continue gauging Jusuf Nurkic‘s trade market and trying to figure out a Butler deal as they seek out win-now upgrades, Scotto writes. Scotto points out that role players Royce O’Neale and Grayson Allen would both have positive value as trade chips, but there has been no indication that Phoenix would have interest in moving either player.

Jeff Peterson: Hornets Will Continue To ‘Listen To Everything’

January 16th, 2025 at 7:51am CST by Luke Adams

After finalizing a deal to send Nick Richards to the Suns on Wednesday, Hornets president of basketball operations Jeff Peterson suggested in a Zoom call with reporters that the team isn’t done exploring its options on the trade market, writes Roderick Boone of The Charlotte Observer.

“We’ve received calls on multiple of our players,” Peterson said. “Nick Richards, we received multiple calls on him. We have good players. I think some of the injuries from a synergy standpoint have made it really tough to jell and see what this group can do.

“But, yeah, I think at this point, look, we are going to listen to everything. We are not going to do anything to compromise the future, but we are going to do what’s best for the organization that we see going forward in order to be sustainable going forward.”

Richards had been a productive contributor for the Hornets in recent years and was on a team-friendly contract, with a $5MM salary this season and a $5MM cap hit for 2025/26. However, as Boone details, Charlotte was comfortable sacrificing some depth in the middle due to the fact that starting center Mark Williams is healthy and looking like his old self, while two-way big man Moussa Diabate has emerged as a regular part of the rotation.

“We feel good about it,” Peterson said. “(Head coach) Charles (Lee) and me are lockstep in what a deal like this means for the roster.”

As Peterson explained, his goal is to build a “sustainable” contender and to avoid “taking shortcuts,” which is why he remains focused on stockpiling assets that will benefit the team in the long run.

“I have zero interest in making the playoffs for one year, and then being out for the next four or five, and then in for two and out again after that,” he said. “So, we want to again build something that has sustainability to it. So, at the same time, we’ve got to continue to take advantage of deals like this that’s adding picks to our treasure chest, if you will, or whatever it may be for us to have that optionality.”

Here’s more on the Hornets on the heels of their first in-season deal of 2024/25:

Josh Okogie may not end up being part of the Hornet’ long-term plans, but Peterson’s comments on Wednesday indicated that the club isn’t necessarily looking to flip him right away. As Boone relays, Charlotte’s head of basketball operations referred to Okogie as the kind of player “we want to bring into this organization,” lauding his character and competitiveness. “He’s having a career year shooting the basketball this year,” Peterson added. “It speaks to his work ethic and amount of time he puts into the gym. So he’s physical, he’s a great defender. We are just excited to get him into the organization.”
Michael Scotto of HoopsHype confirms that the Suns and Hornets explored a bigger deal involving Richards and Jusuf Nurkic before agreeing to their Richards/Okogie swap. According to Scotto, Phoenix coveted Hornets swingman Cody Martin, but Charlotte wasn’t willing to take on Nurkic’s sizable contract, which includes a $19MM+ guaranteed salary in 2025/26.
Scotto says the Hornets will continue to prioritize adding draft capital in the coming weeks while positioning themselves for a high pick in the 2025 draft. Scotto identifies Martin, point guard Vasilije Micic, and possibly Okogie as some trade candidates to watch.

Suns Notes: Booker, Road Trip, Allen, Trades

January 15th, 2025 at 8:10pm CST by Luke Adams

Within a discussion about Houston’s future trade options on the latest Hoop Collective podcast (YouTube link), ESPN’s Tim MacMahon points out that the Rockets control “a lot of Suns draft capital” and have “let it be known they are Devin Booker fans.”

However, while Booker might be the sort of player the Rockets would be willing to go all-in for on the trade market, MacMahon quickly added that there’s no indication the Suns would be interested in making that sort of deal, despite having underachieved this season at 19-20 with the league’s most expensive roster. His ESPN colleague Brian Windhorst interjected to drive that point home.

“Devin Booker is staying with the Suns,” Windhorst said. “I don’t see any wavering on that whatsoever.”

“There’s interest that’s been expressed and no indication that it’s even a possibility,” MacMahon agreed.

Here’s more on the Suns:

Ahead of Tuesday’s game in Atlanta, Doug Haller of The Athletic described the Suns’ five-game Eastern Conference road trip as a make-or-break stretch for a team with aspirations of contention. The trip got off to a disappointing start, as Phoenix’s road record fell to 6-12 with a loss to the Hawks. The Suns will visit Washington next, on Thursday, followed by dates in Detroit (Saturday), Cleveland (Monday), and Brooklyn (next Wednesday).
After sitting out the second half of Sunday’s win over Charlotte due to left knee soreness, Suns wing Grayson Allen said he’s been managing an issue with that knee for “two (or) three years,” Duane Rankin of The Arizona Republic relays. “That makes it sound like it’s always bad,” Allen said. “It’s not always bad. It’s one of those things that’s better if I don’t miss time. So it’s used to getting minutes and everything.”
Within a discussion of all five Pacific Division teams, John Hollinger of The Athletic says the Suns are in a precarious position due to their pricey, underachieving roster and their lack of future draft assets. Hollinger suggests that if the club doesn’t trade Booker and Kevin Durant over the summer to get its draft picks back, “the next decade will be one of the most dismal chapters in NBA history.”
Still, Hollinger doesn’t believe a fire sale is coming anytime soon and expects the Suns to consider using their 2031 first-round pick to pursue a roster upgrade. If they go that route, they should focus on a young player who can help the club now and in the future, according to Hollinger, who wonders if a deal involving Jusuf Nurkic and the Suns’ lightly protected 2031 first-rounder for Wendell Carter Jr. might appeal to the Magic.
Hollinger’s trade suggestion was published before word broke that the Suns have agreed to acquire another center, Nick Richards of the Hornets. The full story on that trade agreement can be found here.

Hornets Trade Nick Richards To Suns

January 15th, 2025 at 6:43pm CST by Luke Adams

6:43 pm: The trade is now official, according to press releases from the Suns and Hornets.

3:47 pm: The Suns and Hornets have agreed to a trade that will send center Nick Richards and a second-round draft pick to Phoenix in exchange for Josh Okogie and three second-round picks, reports Shams Charania of ESPN (Twitter link).

The Suns only have three tradable second-rounders on hand: Denver’s 2026 and 2031 selections, and Phoenix’s own 2031 pick. Those are the three picks headed to Charlotte in the deal.

According to John Gambadoro of Arizona Sports 98.7 (Twitter link), the pick being sent from the Hornets to the Suns is a 2025 selection. It will be the least favorable of Denver’s and Philadelphia’s picks, per ESPN’s Bobby Marks and Charania (Twitter link). Barring an unexpected development in the second half of this season, that figures to be the Nuggets’ second-rounder.

Richards, 27, has seen regular rotation minutes in Charlotte since the start of the 2022/23 campaign and served as the team’s primary starting center in ’23/24 with Mark Williams sidelined. So far this season, he has appeared in 21 games, averaging 8.9 points, 7.5 rebounds, 1.3 assists, and 1.2 blocks in 21.0 minutes per night.

Richards is on a team-friendly contract that pays him $5MM this season, with a $5MM non-guaranteed salary for next season. Okogie’s deal is also guaranteed in 2024/25 and non-guaranteed in ’25/26, but he’s earning $8.25MM this season, so the swap will reduce Phoenix’s projected end-of-season luxury tax bill by approximately $20MM, per cap expert Yossi Gozlan (Twitter link), while giving the team an athletic option in the frontcourt.

Richards is expected to take over as the Suns’ starting center once he gets acclimated, tweets Gambadoro.

Reporting over the weekend indicated that the Suns and Hornets were in talks about a potential Richards trade that would send second-round draft capital to Charlotte.

Phoenix center Jusuf Nurkic was believed to be part of those discussions, but the Hornets were likely unwilling to take on Nurkic’s contract, which has a significantly higher cap hit ($18.13MM) than Okogie’s and is also fully guaranteed for next season ($19.38MM). An Okogie/Richards swap is simpler from a cap perspective and doesn’t require Charlotte to include a second player.

Because they’re operating over the second tax apron, the Suns have limited options on the trade market this season. They’re not able to aggregate contracts or take back more salary than they send out. This deal meets those requirements while taking advantage of an Okogie contract that had been viewed as a probable trade chip since it was first signed in July. Not coincidentally, Okogie became trade-eligible on Wednesday.

Besides its newly acquired 2025 second-round pick, Phoenix’s only remaining tradable draft asset is its 2031 first-rounder. The front office figures to make that first-round selection available as the club continues to weigh its options on the market ahead of the February 6 deadline.

As Marks tweets, Phoenix will generate a $3.25MM trade exception as a result of this transaction. The Suns would be able to use that exception during the season, but not in the 2025 offseason as long as they continue to operate over the second apron.

As for the Hornets, after taking advantage of their significant breathing room below the luxury tax line to take on contracts and acquire three second-round picks from the Knicks in the Karl-Anthony Towns blockbuster in the fall, they’re taking a similar path here, absorbing some extra salary in a deal for their backup center and netting multiple future second-rounders in the process.

Charlotte will still be operating $7MM+ below the tax line once this move is official, leaving the team with some flexibility to potentially facilitate another deal or two with a cap-strapped trade partner by Feb. 6.

While the Hornets are making this trade for the draft assets rather than for Okogie, the veteran swingman has been solid in limited minutes this season, averaging 6.0 points and 2.9 rebounds in 14.0 minutes per game across 25 outings, with career-high shooting percentages of 49.1% from the floor and 38.1% on three-pointers. He’s considered a versatile and above-average wing defender.

If Okogie isn’t part of Charlotte’s plans going forward, the club could look to flip him in the coming weeks, though he’ll be ineligible to have his salary aggregated with another player’s.

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