Phoenix Suns 2024 Salary Cap Analyzed
Team Payroll and Cap Space
An in-depth analysis of the Phoenix Suns' salary cap situation reveals a team payroll of $136,021,000. This figure includes a significant dead cap hit, affecting their overall financial flexibility.
Major Salary Commitments
The Suns have several long-term commitments on their books. Nine players are projected to earn a combined $128.8 million in the 2023-24 season, exceeding the projected salary cap of $122 million.
The most notable salaries include Devin Booker ($35.0 million), Chris Paul ($36.5 million), and Deandre Ayton ($32.0 million).
Implications for Team Building
The Suns' limited cap space will impact their ability to make significant roster moves in the future. They may need to trade away players or pursue more affordable options to stay under the salary cap.
The team's reliance on expensive veteran players could also make it challenging to build a sustainable long-term foundation.
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