Walters: ‘There will be a sign and trade’

Posted by on July 8th, 12:49 am

Amare Stoudemire’s agent Happy Walters tweeted tonight news Phoenix Suns fans have been waiting to hear.

OK, so it doesn’t involve David Lee, but it’s good news nonetheless:

“There will be a sign and trade with NY. Will give youall more cap space. courtesy of Amar’e.”

If Amare’s agent is to be believed, that means the Suns will at least be getting an asset in return for Amare in the form of a $17 million trade exception, an asset that could become valuable since the Suns are so far below the luxury tax line they can afford to take on salary if owner Robert Sarver will allow it.

I’m sure we will find out more on this front tomorrow.

Michael Schwartz founded ValleyoftheSuns in October 2008 and is the owner/editor emeritus of the site. He is currently working toward his MBA in sports business at San Diego State University.

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Tags: Amare Stoudemire · Phoenix Suns · Phoenix Suns News

47 responses so far ↓

  • 1 Martin // Jul 7, 2010 at 9:04 pm

    only if NY and stat want a sixt year they can do it … phx will make the contract how they want … doesn't have to be 6 years … amare probably doesn't benefit but ny, since their salary cap will be lower this year because the starting salary can be lower because the raise can be higher …

  • 2 Mike Meez // Jul 8, 2010 at 1:26 am

    I’m glad this is being worked out but doesn’t Amar’e benefit from this as well by getting an extra year on his contract? It’s not like it’s a completely selfless act for the Suns, but I appreciate his cooperation nonetheless.

  • 3 A.J // Jul 8, 2010 at 3:51 am

    I have to believe that Sarver knows what he is doing and is looking to acquire a better player than David Lee. Doesn't the Suns have enough money now to maybe talk to Dirk Nowitzki into cancelling his verbal agreement with Dalls. (Mark Cuban hasn't made any big moves and none of the top free agents are likely to go to Dallas). The Mavericks are going to be the same as the last couple seasons (Playoff team with no chance at the title). Couldn't Sarver tell Nash to still convince Nowitzki to come play for Phoenix now that they have the trade exception and are looking to rid of Barbosa's contract?

  • 4 juan // Jul 8, 2010 at 4:26 am


  • 5 A.J // Jul 8, 2010 at 5:05 am

    After reading this article, I realize that getting Lee may not be in the best interest for the Suns team in the long run. David Lee is 27 and his hustle will most likely decrease after 3 years of playing up tempo. Suns would be left with a hefty contract and a player that is no longer in his prime. Now, I think that Sarver really should take the TPE and hire an extraordinary GM to handle the transactions during the season (Pritchard or Ferry would be AWESOME. NOT CHUCK) I also think that the Suns should use the TPE and use it to acquire Anthony Randolph from the warriors. Randolph is younger and has raw potential. The Suns ARE going to have a tough season ahead of them, no doubt. However, the season might get better with a GM that acquire the right players during the All-Star season to turn the Suns into contenders once more. Also, Suns should look into acquire Dowdell and Reynolds from summer league. Both of them would be good young guards that could develop greatly.

  • 6 Jared // Jul 8, 2010 at 5:07 am

    What the Suns need to do and i hope everyone is listening trade barbosa to the knicks for money sign Mcgrady and try to get Iverson so we have shooters and if possible get Ra Ja back to phx we are good on our big men trust in lopez amundson taylor and our draft picks we go and get 2 or 3 shooters suns will have what they need to get to the finals we bring Nesterovich which he is a big man who can shoot out side pass this thought around

  • 7 Mel. // Jul 8, 2010 at 5:08 am

    ^So basically, your plan is to turn Phoenix into the Isaiah-era Knicks?

  • 8 Jared // Jul 8, 2010 at 5:16 am

    no Isaiah couldnt coach and he never had a point guard like nash basically the knicks never had a complete team

  • 9 Jared // Jul 8, 2010 at 5:22 am

    daivd lee would be great for the suns but he wants the money not the ring

  • 10 Drew // Jul 8, 2010 at 5:41 am

    LISTEN UP… Not only did we effectively sign and trade STAT for Hakim Warrick and 14 million additional Signing Space… But we also aloud ourselves options when it comes to bringing in players like David Lee, Richard Jefferson, Kyle Korver, JJ Ridick, Raymond Felton, Shannon Brown, Udonis Haslem, Roger Mason, ETC… Or Even Potential HOF's Tracy McGrady and A.I…. or if nothing else former Suns Veterans Raja Bell, Q-Rich, Tim Thomas, Kurt Thomas, Matt Barnes, i.e. Players we know that can get us back to the West Finals.. and if we play our cards right and sign the right combination of these availible players then we could be facing the heat for it all… with a chance to make a lot of money in VEGAS

  • 11 Mike Meez // Jul 8, 2010 at 6:00 am

    McGrady, Iverson, Raja Bell and Nesterovich…really? That's your blueprint for success? I'm just gonna assume you're joking. Let's move on.

    At least we got something out of Amar'e leaving. And it doesn't look like Amar'e benefited much if at all. He got the same 5 year $100 million deal and the Suns got a $16.5 million trade exception and possibly a 2nd round draft pick. In that case, Amar'e did the Suns a solid and I'm not sure why the Knicks would agree to it rather than simply sign Amar'e as a free agent. But whatever, we'll take it.

  • 12 Mike L // Jul 8, 2010 at 6:09 am

    OK, so I’m not that unhappy that we’re losing Amare, but I’m pretty angry that we didn’t make a serious run for Boozer. We just need someone who is big and beefy and good at the pick and roll and in the post. W/O Amare we needed to make a serious run at David Lee or Boozer and so far it’s looking like squat.

    Michael, one other option I’m curious about is Josh Childress. I don’t think he’s settle on any place and ATL won’t match an offer he gets due to the JJ deal. Could we use that trade exception to do a S&T with ATL for him and if so is he worth it? I’m thinking S&T because I think he’s too pricey to sign outright. Thoughts anyone?

  • 13 Astrology Compatibility to Find Mr. Right | 97 Steps To A Happy Relationship // Jul 8, 2010 at 6:34 am

    [...] Walters: 'There will be a sign and trade'| Valley of the Suns [...]

  • 14 Drew // Jul 8, 2010 at 7:53 am

    all im saying is this is a western conference finals team last year… and for us to lose amare now all of a sudden we suck… i don't think so… to be honest amare is more like to be a "wish i had 5 years ago" player than some of these players available… bosh's knees aren't worth the cost, boozer isn't worth what he wanted, ray allen isn't worth 10 mill a year, for us to say why didn't we go after some other big names is because all of them are "wish i had 5 years ago" players. the real bargains to get better are in this next class of free agency and with J-Rich and Barbosa as trade bait… we could replace STAT and GET 1 to 2 more pieces… As far as McGrady, AI, and those type of players… they are not my first choice or even my second but at the same time you never know how done they are in this phoenix suns system… Shaq, Grant Hill, Steve Nash, etc, etc, etc,

  • 15 Bob // Jul 8, 2010 at 8:11 am

    I don’t think Childress is worth it. We have too many tweeners already.

  • 16 Al // Jul 8, 2010 at 8:22 am

    The sign and trade give STAT an extra year and about 30 million more in his pocket. NY benefits as well, because the first year salary for Amare will be lower giving them more like 3 million extra to sign players to fill up the roster. The suns will benefit with the cap relief…I have no idea what Sarver is thinking. Is he signing Warrick to a 4 million per year deal and expecting Gentry to make the guy into a starter and turn him into a potential All-Star? All this time, the suns could have been going after Lee. I get that Lee is 27 and only worth between 10-12 million per year. A 6 year for 70 million sound more than reasonable for a player of his caliber. Sarver can even give Lee an opt-out close after the 3rd year just in case. Instead, the Suns are about to lose the David Lee race to the Warriors or the Nets who are not even title contenders. I hope Lee realizes the opportunity to be part of a winning franchise and comes to the Suns. If not, I hope that ticket sales are low next season that Sarver realizes his mistakes and is willing to sale the team.

  • 17 Drew // Jul 8, 2010 at 8:35 am

    if j-rich and barbosa weren't being paid so much or at the very least, played some defense when it mattered than i would feel ok with them here but they won't re-negotiate so we have to go get a shooter/scorer and a defender, shannon brown would be nice too especially to take him from the la fakerz

  • 18 Jared // Jul 8, 2010 at 8:36 am

    Barbosa has other matters in his life he is dealing with and basketball right now is not in his heart! So trading him would not be a bad idea and Drew dnt you feel that bringing J-Rich of the bench to bring Tracy and Rich jefferson over with some other free agent don't feel that could work or would the money situation be overwhelming?

  • 19 Jared // Jul 8, 2010 at 8:45 am

    let them go then if they don't wanna sign for less

  • 20 Jared // Jul 8, 2010 at 8:53 am

    (sun also rises) you look like you are looking to hop in the conversation that's why you said what you said. Matter of fact Drew is my cousin and the thing's we talk about make more sense then what's been blogged on here today…that's why everyone keeps typing back cause they wanna know more cause ESPN doesn't give try analyst of the NBA cause if they did they would not be worried about Lebron and his cronies and where he is going to play there is so much more in the Free Agency for you money than to spend ALL YOUR MONEY ON ONE ALL-STAR who has not done anything in the league to AWWWWWWWWWWWWEEEE anyone who isnt brainwashed on the fixation of Le'bron

  • 21 Dave // Jul 8, 2010 at 9:05 am

    WOW…Suns get a trade exception instead of a quality player. Judging Sarver, the trade exception will be like having a free ice cream coupon that you have in your wallet that you are too lazy or forgetful to use. Sarver should just put the team on sell like a few other owners that are having financial problems.

  • 22 Steve // Jul 8, 2010 at 9:11 am

    A sing and trade doesn’t HAVE to give Amare any more money than he has already been promised. The whole $30 million more is a little deceptive as well. Really, well over $20 million of that is just included in the 6th year of the contract (whereas every team besides the Suns can only offer 5 years). The other $10 million or so comes from the extra 2.5% annually that the Suns could increase Amare’s salary vs. what other teams could give him. It’s not really $30 million more, once everything is said and done. For Amare, however, that would be great financially for him if he could get a max deal with the Suns done for his sign and trade. I predict he would become the next Jermaine O’Neal. By the end of Amare’s contract, I fully expect his body to be falling apart at the seems, and I expect his offensive production to be upper-tier (but nowhere near max) and his defensive drive to be even less than it is now. When I thought the Knicks couldn’t get any dumber and ruin their future even further, they signed Amare. It would suck to be a Knicks fan right about now.

  • 23 Mike Meez // Jul 8, 2010 at 9:44 am

    @Drew/Jared- It's definitely debatable whether to keep Nash or trade him. It's true that he's been a great mentor for Dragic and we love him in Phoenix. Still, my point remains the same. Amar'e was a big part of the Suns success in getting so far in the playoffs and is not easily replaced. No, David Lee is not the key to a championship, but then again neither are Tracy McGrady or Allen Iverson. A.I. hasn't done anything the past couple seasons, barely even played last season. Plus, he needs the whole offense to run through him, that's just who he is and will always be and that doesn't fit with the Suns. McGrady has barely played the past couple years. He hasn't played 70 games since 06-07. I don't even know why those two are in discussion.

    Anyway, if there are no suitable replacements for Amar'e I can't see the Suns being a title contender. Suns were only 4 games above the 8th seed this year with Amar'e's second half tear. Maybe we can wait to see until midway into the season if this team can hang with the competitive teams in the West but, unfortunately, I just don't see it. If that's the case, let's not let Nash waste on a mediocre team. We know he wants a ring and some teams with cap money would pay a lot for him this offseason. An offseason where the best free agent PGs are Steve Blake and Luke Ridnour.

  • 24 Mike L // Jul 8, 2010 at 11:26 am

    The S&T apparently didn’t equate to a 6-yr deal for Amare, still the 5. It looks like he did take $800k less in the first yr so Suns could get this … if true, it’s a nice parting gift. He’ll still get the same amount overall, just first year is less.

    As for Sarver, I agree with the comments on here … while I think Amare leaving isn’t the worst outcome for us, I do need to see that there is A PLAN. So far, I’m not seeing it. To give Amare what he wanted would have been too much money since I don’t think he’ll make it thru the contract. But if we’re going to let him go, we need “A direction” or “A plan” … not just wandering aimlessly.

    We should have really worked hard on Boozer and made a more serious run at Lee … even if we DO end up with Lee.

  • 25 JC // Jul 8, 2010 at 11:47 am

    A.I is going to sign with the Heat for minimum to play with the new BIG 3. I think JMZ needs new sources and more credibility, because his early announcement of Lebron to NY is making him look like a fool journalist.

  • 26 Jared // Jul 8, 2010 at 12:14 pm

    Also think about Richard Jefferson who opted out from San Antonio which he would of got more money than any team can offer! Could it be that he wants to come home like Frye did and play with a Team not 6,7, or 8 player team im talkin about a complete team of 12. Tracy Mcgrady would love to play with nash and grant so would Iverson all of them are in there 30′s and would be great from them all to get there first ring at the same time in a offense that all of them can thrive in and a defense called a ZONE. So i hope that the suns do get that 17mil from the knicks and use that money to get players like McGrady, Iverson, Richard Jefferson, Nesterovich, or Ra Ja

  • 27 Drew // Jul 8, 2010 at 12:47 pm

    Also have the option to trade J-Rich and or LB to create even more space now or a mid season trade for AK47, ‘Trix, Salmons, …Get the Drift

  • 28 A.J // Jul 8, 2010 at 12:54 pm

    I am sorry, but…Who’s ‘Trix? Is it Marion?

  • 29 Drew // Jul 8, 2010 at 12:57 pm


  • 30 A.J // Jul 8, 2010 at 1:05 pm

    Lebron is only coming to Phoenix if you insert him in the line up in NBA 2K or Elite.

  • 31 Drew // Jul 8, 2010 at 1:10 pm

    Lebron was a joke but if we bring in Tracy as a mid level, Mason Jr and Raja Bell for a few mill, Jefferson and Marion through trading J Rich and or Barbosa than that will give us a way better chance this year and also leave us room next year for carmelo and company

  • 32 Matt Manske // Jul 8, 2010 at 1:32 pm

    Why would we want Mason? Sure, he can shoot, but he shoots daggers into our hearts as Suns fans!

  • 33 Phil // Jul 8, 2010 at 1:36 pm

    Drew – McGrady is done, Iverson is done, the others are done. Your plan is to go after names who used to produce – not one of those players is anywhere near the top of their games. If we don’t get Lee we are in 40-47 win territory for as long as Nash plays and out ceiling is round 2 of the playoffs.

    If Sarver doesn’t get another major piece he may as well trade Nash for picks and start a rebuild from scratch – Orlando would kill for him. He also owes it to Nash not to waste his last peak years

  • 34 Mike Meez // Jul 8, 2010 at 2:01 pm

    Totally agree Phil. All those guys are done. They would have been great to have about 5 years ago, maybe longer.

    Suns fans should be fed up with being a consistently good team that can never win a championship. If we’re not a title contender then let’s trade Nash for some draft picks, cash, and some young pieces to set ourselves up for the future. Yeah, we’ll suck for a couple years, but that’s the way championship teams are born (unless you’re the Lakers and pull off ridiculous trades like for Pau). Our young players need to develop and we need to suck to get a high lottery draft pick. Just watch New Jersey. They were terrible last year, but they developed some young talent (Devin Harris, B Lopez, etc.) and now they’re getting Derrick Favors to come in as well. I guarantee the Nets will be a competitive playoff team in the next 2 years, maybe even a title contender in a few years.

    If the Suns try to stick it out with Nash and don’t get David Lee, they could also try for Lee’s teammate Al Harrington. No one has been talking about him with so many other free agents but he I think he would fit in with the Suns because he’s a great offensive player. Unfortunately, he would be another guy that doesn’t rebound or play much defense. Still, he could be a great pickup at the right price.

  • 35 Jared // Jul 8, 2010 at 3:23 pm

    OKAY OKAY I’m with DREW on the conversation of getting these players if u read my blog up top it makes more sense to try and get Tracy McGrady and Allen Iverson everyone counted out GRANT HILL cause he was a injury prone player he came to phx and it rejuvenated his game he is playing better than he was when he was in detroit and now we have the Money and Team to get these kind of players and you sit around and say they are DONE. That lets me know you have no common sense when it comes down to building a team you think DAVID LEE will SOLVE THE SUNS PROBLEMS HE DID’NT DO ANYTHING IN NEW YORK AND YOU FEEL HE IS THE (KEY TO THE FINALS) REVAULEATE YOUR FAX BEFOR YOU WRITE YOUR REPORT!

  • 36 Drew // Jul 8, 2010 at 3:31 pm

    Exactly, Barbosa(7.1) and J-Rich(14.4) are being paid 21.5 mill this year, by combining that with our Remaining Trade Exemption(13.5 mill) we literally can pick up a lot of role playing talent to get us back to a successful brand of Small-ball/RUN-N-GUN/make 21 three’s a game… there is alot of options here and if you look at the remaining list of free agents then its easy for us to get this done

  • 37 Jared // Jul 8, 2010 at 3:32 pm

    TRADE NASH ARE YOU SERIOUS (RIGHT NOW!) FOR CASH AND YOUNG TALENT! I THINK ITS A LITTLE TO EARLY TO BE DRINKING IN ARIZONA AND BLOGING ABOUT THE SUNS AND THEIR MATTERS…..I FEEL YOU NEED SOME TIME IN THE CORNER MIKE MEEZ AND READ A BOOK CAUSE YOUR WISDOM SEEMS TO BE TOTALLY OFF TODAY OR FOR THE MOMENT BETTER YET…..The reason dragic is the player he is today is because he has someone like NASH who is the best PG in the game we have a solid core all around like never before in suns history. For STAT to leave that could be the best thing to happen to the SUNS trust we need to get our shooters back we are now stack with defensive minded players and now we need players like Tracy, A.I , Ra Ja etc.. to open the floor up to get people playing on their heels AGAIN RUN AND GUN SUNS WITH DEFENSIVE AND REBOUNDS

  • 38 sun also rises // Jul 8, 2010 at 3:39 pm

    No offense “guys” but it looks like you’re the same dude writing back and forth to himself. Get a room, haha

  • 39 JC // Jul 8, 2010 at 4:02 pm

    I got ‘BRON Fever…

  • 40 sun also rises // Jul 8, 2010 at 4:08 pm

    “your cousin” = you posting to yourself, bro

    And this is a message board, not a “conversation” so quit playing around. I can do whatever I want too. I want to pretend like I got my own back up and take over the thread, I’ll do it.

  • 41 Drew // Jul 8, 2010 at 4:11 pm

    lol.. so lebron goes to miami… the heat are now favorites???

  • 42 Jared // Jul 8, 2010 at 5:06 pm

    Yea we were 4 games up and 3 games away from being first why didnt you say that…..Shaq, hill, and any other old dog the nba calls old and washed up end up coming here and make their careers great

  • 43 Mel. // Jul 8, 2010 at 5:22 pm

    I was sorta following the bomb-plop logic, until you brought up Shaq. Game over.

  • 44 JC // Jul 8, 2010 at 5:29 pm

    Lebron is coming…LEBRON IS COMING!!!

  • 45 Jared // Jul 8, 2010 at 5:48 pm

    i said SHAQ and career great in same sentence is because he came here and got healed completly so yea i am with you on that sense but phx is know for making players healthy across all sports players across the nation come here to train and use our fantastic trainers for professionals….thats why i keep bringing up Tracy, A.I…..and other players that teams wont sign cause of injury and age

  • 46 Phil // Jul 8, 2010 at 7:17 pm

    Drew, I completely agree Amare is not worth a max contract, and have said so any number of times on this blog. But the Suns have two options 1) try and contend for Nash's last few years, for which they need an elite or close to elite big man or 2) blow it up and start from scratch. We will not be two wins from the finals with what we have now, and like I say how attractive is 40-47 wins a year and a pick between about 12 and 20 in the draft every year?

  • 47 Drew // Jul 8, 2010 at 9:43 pm

    3 games out of first is the more positive approach.. STAT had a few outstanding games against portland in the playoffs however wasn’t that deserving of a MAX Contract against san antonio or LA.. remember it was our bench that kept us in various games especially in the western finals.. this bench is still here with only more chemistry and confidence… we have 13 million to add a veteran low post defender and a shooter… if we need more defense to stay in games late than we can Trade L.B. for 7 million or J-Rich for 14 million.. young talent would be nice but not in the rebuilding sense.. only need to plug in a few more pieces… which is all possible thanx to Stat’s ability to still fool other teams into thinking he is work top dollar

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