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's time with the Phoenix Suns may be coming to an end soon, but he will have opportunities elsewhere. According to Marc Stein, Beal expects the Suns to buy him out and is "actively exploring" his options in free agency.

Bradley Beal is expected to hit the open market later this week once the Suns waive and stretch the final two years of his contract.