The Suns will waive Paul, Bleacher Report’s Chris Haynes reported Wednesday. The move will officially make Paul a free agent this offseason and end his three-year stint with the Suns.
Paul, 38, averaged a career-low 13.9 points, 8.9 assists and 4.3 rebounds last season with the Suns. He helped them to the Western Conference semifinals this season, but they fell in that round to the Denver Nuggets. Since then, the Suns fired coach Monty Williams and
replaced him with former Los Angeles Lakers coach Frank Vogel.
Paul had two years left on his four-year, $120 million deal.
The 12-time All-Star and former Rookie of the Year is sure to be a high-profile free agent this summer even as he’s entering the final stage of his playing career. While he’s sure to be a Hall of Famer eventually, Paul has never won an NBA title. He got the Suns to the NBA Finals in his first season there, but they fell to the Milwaukee Bucks.
According to Haynes, Paul plans to play “several more years” in the league before retiring.
It’s unclear who will move to land the veteran point guard in the coming months, though there are sure to be plenty of teams interested.