Shocking Report About Phoenix Suns' Chris Paul

According to Chris Haynes of Bleacher Report and the NBA on TNT, the Phoenix Suns will waive Chris Paul.

Chris Paul was traded (via the Oklahoma City Thunder) to the Phoenix Suns during the summer of 2020.   

In that span, the future Hall of Fame point guard led the Suns to the NBA Playoffs for three straight seasons (and they made the NBA Finals in 2021).

On Wednesday, Chris Haynes of Bleacher Report and the NBA on TNT reported that the franchise would waive the 38-year-old. 

Haynes' first tweet: "BREAKING: Phoenix Suns have notified star Chris Paul that he will be waived, making the future Hall of Famer one of the top free agents this offseason, league sources tell @NBAonTNT, @BleacherReport."

BREAKING: Phoenix Suns have notified star Chris Paul that he will be waived, making the future Hall of Famer one of the top free agents this offseason, league sources tell @NBAonTNT, @BleacherReport.

— Chris Haynes (@ChrisBHaynes) June 7, 2023

Haynes' second tweet: "Chris Paul plans to play for several more years and is eager to help a team contend for a championship, sources say."

Chris Paul plans to play for several more years and is eager to help a team contend for a championship, sources say.

— Chris Haynes (@ChrisBHaynes) June 7, 2023

Paul only had $15.8 million guaranteed left on his deal, so the Suns were able to save a significant amount of money, as he was scheduled to make $30.8 million for the 2023-24 season.  

Chris Paul is still going to get $15.8 million of the $30.8 million he’s owed but to me this is a clear example of the new CBA having an impact

CP3 is an all-time great PG and still a very serviceable player. But teams have to be much more selective with their money from now on https://t.co/aL7zceMshj

— Sean Barnard (@Sean_Barnard1) June 7, 2023

The 18-year veteran is coming off a solid season where he averaged 13.9 points, 4.3 rebounds, 8.9 assists and 1.5 steals per contest while shooting 44.0% from the field and 37.5% from the three-point range. 

During the second round of the Playoffs, Paul injured his groin and missed the final four games of the series.  

The Suns were the fourth seed in the Western Conference, and after beating the Los Angeles Clippers (in five games), they lost to the Nuggets (in six games). 

In addition to the Suns, he has also played for the New Orleans Hornets, Los Angeles Clippers, Houston Rockets and Oklahoma City Thunder.