Sources: Suns to waive Vince Carter

December, 5, 2011
12/05/11
9:37
AM ET
By Marc Stein and Chris Broussard
ESPN.com
Vince Carter isn't a free agent yet, but sources close to the situation say the eight-time All-Star will be thrust onto the open market shortly after the end of the lockout.

Based on an amendment in his contract obtained by ESPN.com, Carter must be waived by the Phoenix Suns within 72 hours of the official start of free agency or his $18 million salary for the 2011-12 season becomes fully guaranteed.

The Suns, sources said, have already decided to waive Carter within that window.

The Suns and Carter amended the contract in June to delay the guaranteed-salary date in Carter's final contract year until after the lockout ended. Waiving Carter inside the first 72 hours after the league's schedule start of free agency Friday means that Phoenix would only have to pay $4 million to Carter and likely ensure that the Suns avoid luxury-tax territory this season even after trying to complete the re-signing of Grant Hill and moves with other potential free agents.

The Suns' plan, sources said, is to bring back Hill if possible and make a playoff run this season, then proceed to the summer of 2012 armed with salary-cap space to make major upgrades to the roster.

Sources said the Suns have yet to receive any indication from star guard Steve Nash that he wants to be dealt to a contender, which is why management clings to the hope that the two-time MVP -- who is also headed for free agency in July 2012 -- will retire a Sun.

Read the entire news story »

To see dozens of NBA trade rumors, check out NBA Rumor Central Insider

Marc Stein | email

Senior Writer, ESPN.com
• Senior NBA writer for ESPN.com
• Began covering the NBA in 1993-94
• Also covered soccer, tennis and the Olympics

SPONSORED HEADLINES

Comments

You must be signed in to post a comment

Already have an account?