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Suns, Beal Near Waive-and-Stretch Buyout as Contenders Eye His Free Agency

Stretching Beal’s remaining $96.9 million over five years will clear cap space for Phoenix, launching his unrestricted free agency.

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Overview

  • The Suns and Bradley Beal are finalizing terms for a waive-and-stretch deal that would spread his remaining $96.9 million over five years.
  • Beal is expected to forfeit about $13.9 million of his remaining salary to secure his unrestricted free-agent status.
  • The Miami Heat have emerged as the early frontrunner to sign Beal once he clears waivers.
  • The Lakers, Clippers, Warriors, Bucks and Timberwolves are all positioning themselves to pursue Beal’s scoring and playmaking.
  • Phoenix’s reliance on waive-and-stretch mechanics highlights how teams are using cap management to reshape their rosters.