In a strategic move that’s set to reshape their roster, the Phoenix Suns have announced the waiving of veteran forward Nassir Little and second-year guard EJ Liddell. This decision not only clears an open roster spot for the Suns but also indicates a tighter financial maneuver as they grapple with a significant payroll and league constraints.
Roster Adjustments and Financial Strategy
The Suns, which carry a league-high payroll of $219 million, are currently exceeding the "second apron" financial threshold. This brings with it several restrictions, such as the inability to aggregate salaries in trades or trade for more money than they send out. Additionally, they cannot use any version of the mid-level exception nor sign players from the buyout market whose initial salary exceeded the non-taxpayer mid-level exception.
By waiving Nassir Little, who was acquired as part of the blockbuster Damian Lillard-Jrue Holiday trade, the Suns are leveraging the stretch provision. Despite having three years and $21 million left on his contract, this provision will spread Little’s payments at $3 million annually until 2032, easing immediate financial pressure. Little's performance for the Suns last season, averaging 3.4 points and 1.7 rebounds over 45 games, failed to make a significant impact, making him a logical candidate for the stretch provision.
Second-Year Guard EJ Liddell's Journey
Similar adjudication applied to EJ Liddell, whose journey to Phoenix has been tumultuous. Originally a second-round pick by the New Orleans Pelicans in 2022, Liddell's rookie season was unfortunately cut short due to an ACL injury sustained during the Summer League. This injury sidelined him for the entire season, leaving him with only a brief window to prove himself last year.
In his comeback bid, Liddell played eight games for the Pelicans and spent a considerable amount of time in the G League to regain form and fitness. His journey saw him move to the Atlanta Hawks as part of the Dejounte Murray deal before landing with the Suns in exchange for David Roddy. While Liddell's potential was evident, the Suns’ current financial constraints and roster strategy necessitated this tough decision.
Optimizing the Open Roster Spot
The decision to waive both players now leaves an open roster spot, providing the Suns with some flexibility despite their financial constraints. Earlier in the summer, the Suns already demonstrated their strategic prowess by securing the services of Tyus Jones on a minimum contract. With an open roster spot, the Suns can now explore opportunities to scout and sign emerging talent or attract veterans willing to accept minimum offers.
In a league where financial prudence often dictates competitive potential, these roster adjustments by the Suns’ management are a testament to their willingness to make difficult decisions. Navigating the intricate web of NBA financial rules and exceptions while maintaining a competitive roster is no small feat, and the Suns’ latest moves exhibit a clear strategy aimed at optimizing both fiscal responsibility and roster efficiency.
The upcoming season will show whether these tough calls pay off on the court, as the Suns aim to balance their high payroll with effective player management and strategic financial planning.