Phoenix Suns Cap Totals
Salary Cap History
The Phoenix Suns have a long history of being a competitive team in the NBA. They have made the playoffs 23 times in their history and have won three Western Conference Championships. The Suns have also been to the NBA Finals twice, but they have yet to win a championship.
The Suns' success on the court has been reflected in their payroll. The team has consistently been one of the highest-spending teams in the NBA. In the 2022-23 season, the Suns had a payroll of $136,021,000. This put them 13th in the NBA in terms of payroll.
The Suns' payroll is expected to increase in the coming years. The team has a number of young players who are still on their rookie contracts. As these players get older, their salaries will increase.
Largest Guarantee
The Suns' largest guaranteed contract is with Devin Booker. Booker signed a five-year, $158 million contract extension with the Suns in 2018. This contract will keep Booker with the Suns through the 2023-24 season.
Booker is one of the most promising young players in the NBA. He is a four-time All-Star and has led the Suns to the playoffs in each of the past two seasons.
Cap Sheet Depth Chart
The Suns' cap sheet depth chart shows how much money the team has committed to each player on its roster. The depth chart also shows how much money the Suns have left to spend under the salary cap.
The Suns have a lot of flexibility under the salary cap. They have only three players who are making more than $10 million per season. This gives the Suns the ability to add some key pieces to their roster in the future.
What about the luxury tax line?
The Suns are currently about $20 million below the luxury tax threshold. This gives them some room to spend under the salary cap without having to pay a penalty.
The Suns are expected to be active in the free agent market this summer. They have a number of needs to fill, including a point guard and a center.
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