Gerald Bourguet of PHNX Sports reported that Beal's buyout is "imminent," and he's likely to have $96.9 million of the $110.8 million remaining on his contract stretched over the next five years. That would allow the Suns to avoid going over both tax aprons.

Bradley Beal and the Suns are discussing a negotiating a contract buyout, league sources told ClutchPoints. The Heat lead the pack of suitors.