Overview

• Beal and the Suns are nearing agreement on a buyout that would bypass his full no-trade clause
• He is expected to forfeit about $13.9 million of the $110.8 million remaining on his contract
• The Suns plan to use the NBA’s waive-and-stretch provision to distribute the leftover $96.9 million over five seasons
• Once he clears waivers, Beal will become an unrestricted free agent and could draw interest from Miami, Los Angeles, Golden State and Milwaukee
• The buyout ends his two-season stint in Phoenix, where he averaged 17.0 points, 3.7 assists and 3.3 rebounds per game and failed to deliver postseason success alongside Kevin Durant and Devin Booker