Stein: Sources confirm Suns to release Michael Beasley

This isn’t anything more than confirmation of something that remains surprisingly unofficial. ESPN’s Marc Stein reports that sources say the Phoenix Suns will release Michael Beasley sometime this week. Stein’s report echoed the expected and Paul Coro’s timeline of the Beasley shedding coming this week.

Maybe it’s only surprising because it has all along appeared that Beasley would be waived immediately as the calendar rolled into September. That would give Beasley $6 million owed to him this season and will allow the Suns to stretch the remaining guaranteed amount of his three-year, $3 million deal over the course of the next several seasons.

Stein adds that new Suns general manager Ryan McDonough has been “eager” to end the Beasley experiment after one year that has included three off-the-court incidents involving the forward. While cutting Beasley just adds to the list of sunk costs — hello, Josh Childress, et all — for Suns owner Robert Sarver, the team has finally appeared to have found an end to the financial bleeding. Now it’s on to player development and the future.

And to recap, the Suns’ trade of Caron Butler to the Milwaukee Bucks isn’t a related part of waiving Beasley, but rather a simple move that saved money, regardless of the Beasley situation.

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