Phoenix Suns 2024-25 Financial Summary

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

SEASON
TEAM
 
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Total Cap

$239,383,488 / 1st

Cap Space

$-98,795,488 / 30th

Projected Cash Payroll

$225,202,489 / 2nd

Cash Total

$225,202,489 / 2nd

2024-25 Active Roster

Non-Guaranteed
  Player (16) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
1
 Durant Kevin Durant SF 36 $51,179,021 36.40% $51,179,021 $51,179,021 $49,856,021 $49,856,021 2028
2
 Beal Bradley Beal SG 31 $50,203,930 35.71% $50,203,930 $50,203,930 $50,203,930 $50,203,930 2027
3
 Booker Devin Booker SG 28 $49,205,800 35.00% $49,205,800 $49,205,800 $49,205,800 $49,205,800 2030
4
 Allen Grayson Allen SG 29 $15,625,000 11.11% $15,625,000 $15,625,000 $15,625,000 $15,625,000 2028
5
 O'Neale Royce O'Neale SF 31 $9,375,000 6.67% $9,875,000 $9,375,000 $9,375,000 $9,375,000 2028
6
 Martin Cody Martin SF 29 $8,120,000 5.78% $8,120,000 $8,120,000 $3,080,000 $8,120,000 2026
7
 Micic Vasilije Micic PG 31 $7,723,000 5.49% $7,723,000 $7,723,000 $2,929,414 $7,723,000 2026
8
 Richards Nick Richards C 27 $5,000,000 3.56% $5,000,000 $5,000,000 $2,528,736 $5,000,000 2026
9
 Dunn Ryan Dunn SF 22 $2,530,800 1.80% $2,530,800 $2,530,800 $2,530,800 $2,530,800 2028
10
 Plumlee Mason Plumlee C 34 $2,087,519 1.48% $2,087,519 $2,087,519 $3,303,771 $3,303,771 2026
11
 Jones Tyus Jones PG 28 $2,087,519 1.48% $2,087,519 $2,087,519 $3,003,427 $3,003,427 2026
12
 Lee Damion Lee SG 32 $2,087,519 1.48% $2,087,519 $2,087,519 $2,800,834 $2,800,834 2025
13
 Morris Monte Morris PG 29 $2,087,519 1.48% $2,087,519 $2,087,519 $2,800,834 $2,800,834 2025
14
 Bol Bol Bol PF 25 $2,087,519 1.48% $2,087,519 $2,087,519 $2,425,403 $2,425,403 2025
15
 Ighodaro Oso Ighodaro C 22 $1,157,153 0.82% $1,157,153 $1,157,153 $1,157,153 $1,157,153 2028
16
 Ighodaro Oso Ighodaro C 22 $1,157,153 0.82% $1,157,153 $1,157,153 $1,157,153 $1,157,153 2028

2024-25 Dead Money

Cap breakdowns for players who have been traded or released. All count against the team's cap.

  Player (2) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed
1
 Little Nassir Little SF 24 $3,107,143 2.21% $3,107,143 $3,107,143 $3,107,143 -
2
 Liddell E.J. Liddell PF 24 $706,898 0.50% $706,898 $706,898 $706,898 -

2024-25 Cap Hold

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

  Player (12) Pos Age Cap Hit Cap Hit Pct League Cap          
1
 Lee Saben Lee PG 25 $2,237,692 1.59% Two-Way
2
 Ross Terrence Ross SF 33 $2,093,637 1.49% Non-Bird
3
 Young Thaddeus Young PF 36 $2,087,519 1.48% Non-Bird
4
 Young Thaddeus Young PF 36 $2,087,519 1.48% Non-Bird
5
 Thomas Isaiah Thomas PG 35 $2,087,519 1.48% Non-Bird
6
 Thomas Isaiah Thomas PG 35 $2,087,519 1.48% Non-Bird
7
 Azubuike Udoka Azubuike C 25 $1,862,265 1.32% Two-Way
8
 Azubuike Udoka Azubuike C 25 $1,862,265 1.32% Two-Way
9
 Wainright Ishmail Wainright SF 30 $1,862,265 1.32% Two-Way
10
 Wainright Ishmail Wainright SF 30 $1,862,265 1.32% Two-Way
11
 Lundberg Gabriel Lundberg G 30 $1,862,265 1.32% Two-Way
12
 Lundberg Gabriel Lundberg G 30 $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
Vasilije Micic trade with CHA
 6/30/2026 $3,628,720 $3,628,720
Trade
Kevin Durant trade with HOU
 7/6/2026 $251,166 $251,166
Trade
Nigel Hayes-Davis trade with MIL
 2/5/2027 $2,048,494 $2,048,494
Trade
Nick Richards trade with CHI
 2/5/2027 $5,000,000 $5,000,000

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $211,714,452 1st
Dead Money $3,814,041 13th
Cap Hold $23,854,995 3rd
Total Allocations $239,383,488 1st
Space $-98,795,488 30th
1st Apron Summary
1st Apron Maximum $178,132,000
Total Allocations $216,028,493 -
Space $-37,896,493 -
2nd Apron Summary
2nd Apron Maximum $188,931,000
Total Allocations $216,028,493 -
Space $-27,097,493 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $215,528,493 1st
Space $-44,714,493 30th
Ext. Luxury Tax Bill $158,916,335 -

2024 Deadlines

Deadline Date Player Type Value
6/29/2026 Isaiah Livers
RFA / QO
2026-27 Qualifying Offer — Two-Way
6/29/2026 Koby Brea
RFA / QO
2026-27 Qualifying Offer — Two-Way
6/29/2026 Jamaree Bouyea
CLUB
2026-27 Club Option — non-guaranteed
6/29/2026 Mark Williams
RFA / QO
2026-27 Qualifying Offer 		$8,774,590
7/6/2026 Royce O'Neale
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/1/2026 Jalen Green
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/19/2026 Oso Ighodaro
GUARANTEED
2026-27 Guaranteed 		$500,000
10/31/2026 Khaman Maluach
CLUB
2027-28 Club Option 		$6,617,160
10/31/2026 Ryan Dunn
CLUB
2027-28 Club Option 		$5,025,553
1/10/2027 Haywood Highsmith
GUARANTEED
2026-27 Guaranteed 		$3,018,158
1/10/2027 Oso Ighodaro
GUARANTEED
2026-27 Guaranteed 		$2,296,271
1/10/2027 Jamaree Bouyea
GUARANTEED
2026-27 Guaranteed 		$2,584,539
4/16/2027 Grayson Allen
EXTENSION ELIGIBLE
2026-27 Extension Eligible
6/29/2027 Grayson Allen
PLAYER
2027-28 Player Option 		$19,375,000
6/29/2027 CJ Huntley
RFA / QO
2027-28 Qualifying Offer — Two-Way
6/29/2027 Jalen Green
PLAYER
2027-28 Player Option 		$36,000,000
6/29/2027 Oso Ighodaro
CLUB
2027-28 Club Option
7/1/2027 Ryan Dunn
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/7/2027 Rasheer Fleming
EXTENSION ELIGIBLE
2027-28 Extension Eligible
10/18/2027 Oso Ighodaro
GUARANTEED
2027-28 Guaranteed 		$2,486,995
10/31/2027 Khaman Maluach
CLUB
2028-29 Club Option 		$8,436,880
6/28/2028 Rasheer Fleming
GUARANTEED
2028-29 Guaranteed 		$2,735,698
6/29/2028 Rasheer Fleming
CLUB
2028-29 Club Option
6/29/2028 Ryan Dunn
RFA / QO
2028-29 Qualifying Offer 		$7,990,630
7/1/2028 Khaman Maluach
EXTENSION ELIGIBLE
2028-29 Extension Eligible
6/29/2029 Khaman Maluach
RFA / QO
2029-30 Qualifying Offer 		$12,334,718
6/29/2030 Devin Booker
PLAYER
2029-30 Player Option 		$69,191,227

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2010 Dwayne Collins SF 37 United States Miami (FL)
2005 Cenk Akyol G 38 Turkey
2002 Miloš Vujanić G 45 Serbia
1992 Ron Ellis SF 58 United States Louisiana Tech

Future Draft Picks

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
MEM
Not Tradable, owe 2027 to HOU; Two middle picks of MEM, ORL, PHX and WAS 1-8 (via MEM swap for PHX and ORL) then others to CHA and WAS

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
PHX
Least favorable of CLE, MIN and UTA to PHX then others to UTA (via UTA)
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
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 to HOU 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
MEM
(via UTA)

2032
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
FROZEN PICK

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
Second most favorable of DAL, OKC and PHI then others to OKC and WAS (via OKC to HOU to PHX; via OKC to MIA to SAN to WAS)
DAL

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
PHI
Most favorable of GSW and PHX to PHI then other to WAS (via 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
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
PHX
(via OKC to CHA)

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
Least favorable of PHX and POR to WAS then other to PHI (via WAS to PHI)

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
CHA

2032
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
Least favorable of HOU and PHX then other to MIN (via PHX)

TRANSACTIONS

Mar 02, 2026
Jamaree Bouyea, PG

Signed a 2 year $3.16 million Rest-of-Season contract with Phoenix (PHX) via converted Two-Way contract

Mar 02, 2026
CJ Huntley, F

Signed a 2 year Two-Way contract with Phoenix (PHX)

Feb 27, 2026
Cole Anthony, PG

Waived by Phoenix (PHX)

Feb 18, 2026
Haywood Highsmith, F

Signed a 2 year $3.85 million Rest-of-Season contract with Phoenix (PHX)

Feb 05, 2026
Amir Coffey, SG

Traded to Phoenix (PHX) from Milwaukee (MIL) as part of a 3-team trade: Chicago (CHI) traded Ousmane Dieng to Milwaukee (MIL); Milwaukee (MIL) traded Cole Anthony to Phoenix (PHX); Phoenix (PHX) traded Nick Richards to Chicago (CHI); Phoenix (PHX) traded Nigel Hayes-Davis to Milwaukee (MIL)

View More Transactions

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