The Phoenix Suns have worked out a deal with veteran shooting guard Vince Carter that will give the organization until the start of the NBA free agency period to make a decision on waiving him from the roster. Initially, the deadline to waive Carter was Thursday, June 30, 2011. If the Suns do not agree to buyout the former-superstar for $4 million before the extended deadline, they will be on the hook for his $18 million salary next season.
While the move certainly gives the Suns more flexibility in trade discussions -- having a slashable $18 million contract is always a good bargaining chip in today's cap-conscious NBA -- it is somewhat puzzling that Carter would agree to go down this route. It would seem that he incurs no benefits for this decision, as it only muddles and delays the eight-time All-Star's future plans. Though, who knows, this may just be a case of Carter being a good Samaritan and taking one for the team.
Official Press Release:
The Phoenix Suns and guard Vince Carter have agreed to modify the date on which Carter's contract becomes fully guaranteed, the club announced today. Originally, the Suns had until Thursday, June 30, but that date has been changed to the start of NBA free agency for the 2011-2012 season.
"This change gives us additional time and flexibility to make a decision on Vince's contract," said Suns President of Basketball Operations Lon Babby.