Phoenix Suns 2024-25 Financial Summary

A current summary of Phoenix Suns 2024-25 player cap & cash figures.

Filtering & Sorting...
Total Cap

$237,035,029 / 2nd

Cap Space

$-96,447,029 / 29th

Tax Space

$-53,285,020

Cash Total

$225,756,786 / 1st

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (17) Pos Age Type Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
Durant
1
Kevin Durant
SF 36 Maximum-extension $51,179,021 36.40% $51,179,021 $51,179,021 $49,856,021 $49,856,021 2026
Beal
2
Bradley Beal
SG 31 Maximum $50,203,930 35.71% $50,203,930 $50,203,930 $50,203,930 $50,203,930 2027
Booker
3
Devin Booker
SG 28 DVET-EXT $49,205,800 35.00% $49,205,800 $49,205,800 $49,205,800 $49,205,800 2028
Nurkic
4
Jusuf Nurkic
C 30 FA $18,125,000 12.89% $18,125,000 $18,125,000 $18,125,000 $18,125,000 2026
Allen
5
Grayson Allen
SG 29 VET-EXT $15,625,000 11.11% $15,625,000 $15,625,000 $15,625,000 $15,625,000 2028
O'Neale
6
Royce O'Neale
SF 31 FA $9,875,000 7.02% $9,875,000 $9,875,000 $9,875,000 $9,375,000 2028
Okogie
7
Josh Okogie
SG 26 FA $8,250,000 5.87% $8,250,000 $8,250,000 $8,250,000 $8,250,000 2026
Little
8
Nassir Little
SF 24 RK-EXT $6,750,000 4.80% $6,750,000 $6,750,000 $6,750,000 $6,750,000 2027
Roddy
9
David Roddy
PF 23 RK $2,847,240 2.03% $2,847,240 $2,847,240 $2,847,240 $2,847,240 2026
Dunn
10
Ryan Dunn
SF 22 RK $2,530,800 1.80% $2,530,800 $2,530,800 $2,530,800 $2,530,800 2028
Plumlee
11
Mason Plumlee
C 34 FA $2,087,519 1.48% $2,087,519 $2,087,519 $3,303,771 $3,303,771 2025
Lee
12
Damion Lee
SG 32 FA $2,087,519 1.48% $2,087,519 $2,087,519 $2,800,834 $2,800,834 2025
Morris
13
Monte Morris
PG 29 FA $2,087,519 1.48% $2,087,519 $2,087,519 $2,800,834 $2,800,834 2025
Bol
14
Bol Bol
PF 25 FA $2,087,519 1.48% $2,087,519 $2,087,519 $2,425,403 $2,425,403 2025
Ighodaro
15
Oso Ighodaro
C 22 RK - - $1,157,153 $1,157,153 $1,157,153 $1,157,153 2028
Gillespie
16
Collin Gillespie
PG 25 TW - - - - - - 2025
Bridges
17
Jalen Bridges
SG 23 TW - - - - - - 2025

2024-25 Cap Hold

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.

Player (7) Pos Age Type Cap Hit Cap Hit Pct League Cap          
Lee
1
Saben Lee
PG 25 TW $2,237,692 1.59% Two-Way
Ross
2
Terrence Ross
SF 33 ROS $2,093,637 1.49% Non-Bird
Young
3
Thaddeus Young
PF 36 ROS $2,087,519 1.48% Non-Bird
Thomas
4
Isaiah Thomas
PG 35 ROS $2,087,519 1.48% Non-Bird
Azubuike
5
Udoka Azubuike
C 25 TW $1,862,265 1.32% Two-Way
Wainright
6
Ishmail Wainright
SF 30 TW $1,862,265 1.32% Two-Way
Lundberg
7
Gabriel Lundberg
G 30 TW $1,862,265 1.32% Two-Way
Round 2, Pick #57   -            

2024 Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined.

Type Reason Used On Expires Original Available
Trade
Toumani Camara trade with POR
9/27/2024 $1,119,563 $1,119,563
Trade
Cameron Payne trade with SAS
9/27/2024 $6,500,000 $6,500,000

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $222,941,867 1st
Cap Hold $14,093,162 16th
Total Allocations $237,035,029 2nd
Space $-96,447,029 29th
Practical Cap Space Summary
Projected Practical Cap Space
This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds.
$-94,359,510 -
Maximum Possible Cap Space
This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. All other options, cap holds, exceptions are assumed as declined, waived or renounced.
$-82,353,867 -
1st Apron Summary
1st Apron Maximum $178,132,000
Total Allocations $224,099,020 -
Space $-45,967,020 -
2nd Apron Summary
2nd Apron Maximum $188,931,000
Total Allocations $224,099,020 -
Space $-35,168,020 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $224,099,020 1st
Space $-53,285,020 30th
Ext. Luxury Tax Bill $212,389,359 -

2024 Deadlines

Deadline Date Player Type Value
6/29/2025 Collin Gillespie
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,048,494
6/29/2025 Jalen Bridges
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,048,494
6/30/2025 Josh Okogie
GUARANTEED
2025-26 Guaranteed
$7,750,000
10/31/2025 Ryan Dunn
CLUB
2026-27 Club Option
$2,784,240
10/19/2026 Oso Ighodaro
GUARANTEED
2026-27 Guaranteed
$500,000
10/31/2026 Ryan Dunn
CLUB
2027-28 Club Option
$5,025,553
1/10/2027 Oso Ighodaro
GUARANTEED
2026-27 Guaranteed
$2,296,271
6/29/2027 Grayson Allen
PLAYER
2027-28 Player Option
$19,375,000
6/29/2027 Oso Ighodaro
CLUB
2027-28 Club Option
10/18/2027 Oso Ighodaro
GUARANTEED
2027-28 Guaranteed
$2,486,995
6/29/2028 Ryan Dunn
RFA / QO
2028-29 Qualifying Offer
$7,990,630

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2010 Dwayne Collins SF 36 United States Miami (FL)
2005 Cenk Akyol G 37 Turkey
2002 Miloš Vujanić G 43 Serbia
1992 Ron Ellis SF 56 United States Louisiana Tech

Future Draft Picks

2025

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
HOU
More favorable of HOU and PHX then other to BRK if HOU is 1-10 or if HOU 11-30 is less favorable than LAC OR more favorable of PHX and less favorableof HOU 11-30 and OKC

2026

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
PHX
Least favorable of PHX, ORL and WAS 1-8 or swap with MEM (via MEM swap for PHX)

2027

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
HOU
via BKN

2028

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
PHX    BKN
Least Favorable of WAS and BKN, PHI 9-30 if not already settled and if PHI conveys 1st to OKC by 2026 and PHX (via BKN and WAS swap for PHX)

2029

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
HOU
Two most favorable of BKN, DAL and PHX then other to BKN

2030

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
PHX
Least favorable of PHX, MEM and WAS

2031

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
PHX

2025

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
WAS

2026

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
PHX
WAS

2027

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
WAS

2028

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
PHX
If 46-60 (via ORL to PHX)
NYK
Less favorable of IND and PHX to NYK then other to IND (via IND)

2029

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
OKC

2030

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
WAS

2031

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
PHX
PHX

TRANSACTIONS

Jul 13, 2024
Josh Okogie, SG

Signed a 2 year $16 million contract with Phoenix (PHX)

Jul 07, 2024
Bol Bol, PF

Signed a 1 year $2.43 million contract with Phoenix (PHX)

Jul 06, 2024
Royce O'Neale, SF

Signed a 4 year $42 million contract with Phoenix (PHX)

Jul 04, 2024
Oso Ighodaro, C

Signed a 4 year $7.90 million contract with Phoenix (PHX) via 2nd-round exception

Jul 03, 2024
Damion Lee, SG

Signed a 1 year $2.8 million contract with Phoenix (PHX)

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