REPORT: Suns Retain Free Agent Guard

Damion Lee is set to return to the Phoenix Suns.

Jan 28, 2023; San Antonio, Texas, USA; Phoenix Suns guard Damion Lee (10) drives to the basket past San Antonio Spurs forward Zach Collins (23) during the first half at AT&T Center. Mandatory Credit: Scott Wachter-USA TODAY Sports / Scott Wachter-USA TODAY Sports

PHOENIX --- A fan favorite is set to remain with the Phoenix Suns for a third season.

Former NBA champion SG Damion Lee is set to sign a one year deal with the franchise, as reported by Adrian Wojnarowski of ESPN.

This report backs up Gerald Bourguet of PHNX, who reported that Lee was widely expected to remain with Phoenix, citing his love of the city and potential solidified role as driving points behind remaining in the Valley.

As we had mentioned before, Lee opting out to re-sign for slightly more than the vet minimum seemed to be the plan. He loves Phoenix and in his last healthy season was 3rd in 3P%. Suns definitely will need shooters under Mike Budenholzer https://t.co/gemO5jfgbh

— Gerald Bourguet (@GeraldBourguet) July 3, 2024

Lee, 31, signed with the Suns after departing the Golden State Warriors after winning an NBA title in 2022.

He spent the 2022-23 season as a regular fixture for the Suns in a year that was marred by injuries and inconsistency.

Lee appeared in 74 games that season, shooting 44.5% from three-point range in the process before struggling in a smaller playoff role in eight appearances.

He missed the entire 2023-24 season due to a serious knee injury - yet remained nothing short of a consummate professional and great teammate throughout the process.

The return of the veteran sharpshooter this summer felt like nothing short of a necessity for that very reason - the Suns have added current perceived "non-shooters" in Ryan Dunn, Oso Ighodaro and Mason Plumlee with the potential of bringing back fellow 2022 free agent signing Josh Okogie.

The Suns have two open roster spots with the return of Lee though one of which is only a two-way contract. The focus appears to be on bargain-bin wings that can play spot 3&D minutes.

Welcome back to Phoenix, Damion!