Phoenix Suns’ Massive Cap Space Should Help Land Key Free Agents
Money talks, and the Phoenix Suns are ready to converse all day. All 30 NBA teams are working the phones in the first day of the free agent frenzy, but one team comes out on top when it comes to cash reserves on hand. The Suns wield $35 million in cap space, tops among all teams, and look to be active during free agency. But how aggressive will the team be?
Step one of the process begins with restricted free agent Eric Bledsoe. Yahoo Sports reports the Suns will make an offer to Bledsoe in the next day or two. With plenty of cash, the Suns should be able to negotiate a fair mid-level deal that works for both sides.
“We’ll try to do that as soon as possible and not let it get to the point where you’d have to get an offer and we’d match it,” Suns GM Ryan McDonough told the Arizona Republic. Bledsoe though will likely draw interest from a number of teams, but look for Phoenix to match any offer Bledsoe receives.
Despite failing to the make the playoffs, Phoenix is coming off a strong season where they won 48 games in the loaded Western Conference. That kind of effort with the current roster has Suns brass optimistic that the team isn’t far off from its goal of a postseason berth. But ultimately, Phoenix could, and should break the bank on a supporting cast.
While fans would love Phoenix to get into the conversation for LeBron James and Carmelo Anthony, the Suns don’t want to get into that tax bracket; really, they should stick with what’s working. That means signing talent with smaller egos. Retaining free agents like Chandler Parsons and going after the Sacramento Kings‘ Isaiah Thomas would be two moves that fit nicely into the Suns’ rotation and chemistry.
A re-signing here, a Luol Deng there, and this team isn’t far off from making some noise next season. However, they’ll need help, and that has to come from free agency. That means opening the wallet and doing what it takes to secure a solid rotation.
In the end, this team still isn’t championship-caliber, but they are stockpiling. The fact they’re sitting on $35 million should make them formidable opponents to all teams when it comes to negotiations.