All articles tagged with #phoenix suns
Phoenix Suns owner Mat Ishbia told UWM employees he welcomes the stock volatility, arguing the noise proves UWM’s leadership in its industry even as the mortgage lender’s shares sink to around $1.20 after a roughly $600 million loss tied to a failed Two Harbors merger and ongoing related litigation.
Even as UWM, the mortgage company owned by Suns owner Mat Ishbia, posts a quarterly loss, suspends dividends, and sees its stock tumble after a failed Two Harbors deal and a $2.05B equity infusion, the piece argues that Ishbia’s willingness to spend for the Suns shouldn’t be derailed; UWM’s MSR hedge struggled as rates rose and the failed acquisition eliminated expected growth, but Ishbia’s past dividends and aggressive approach suggest the Suns’ spending trajectory will continue despite UWM turbulence.
The Phoenix Suns announced a three-year extension with Dillon Brooks through the 2029-30 season, a deal worth about $73 million, reinforcing the core after Brooks’ 56-game, career-best 20.2 PPG season that helped Phoenix return to the playoffs.
Phoenix Suns re-signed veteran forward Dillon Brooks to a three-year, $73 million extension, a team-friendly deal that preserves a key leader and defensive anchor as the team develops a young core through 2030 and reinforces its culture-building mission.
Phoenix Suns GM Brian Gregory defended trading away unprotected first-round picks for Miles Bridges, saying Phoenix will be good enough for seven straight years so those selections won’t hurt them. The piece notes the Suns don’t own the 2031 pick and will have first-rounders in five of the next six years (mostly late in the round under new lottery rules), suggesting the seven-year bet is optimistic even after replenishing their draft pool.
Phoenix Suns GM Brian Gregory said Bridges’ past “unacceptable conduct” was thoroughly reviewed before the trade, with the team committing to hold him to its high standards and accountability. Bridges apologized, cited counseling and growth, and said he aims to earn the trust of fans and the community, despite his 30‑game suspension, no‑contest plea, and domestic‑violence allegations.
Phoenix Suns rallied from a 14-point halftime deficit to beat the Portland Trail Blazers 81-79 in the 2026 NBA Summer League opener, with Portland's DJ Steward scoring 21 and Yang Hansen adding 12 points and 9 rebounds as the lone Blazer draftee; Suns reserve Javonte Cook had 21, while 2025 pick Khaman Maluach and 2026 pick Koa Peat contributed 19 and 17. The league is testing a one-free-throw rule in Summer League, and Portland's late chance ended with Steward missing a floater as time expired; Portland next faces Orlando on Sunday at 4:00 p.m. PST.
Phoenix's Summer League debut vs Portland looked rough: 24 points in the first half and 0-for-9 from three, but a physical, defense-driven second half sparked a 57-point turnaround and a win. Rookie Koa Peat fouled out with eight personals but finished with 17 points; Khaman Maluach had 19 points and 11 rebounds, and Javonte Cooke added 21 as the Suns leaned on their youth to spark the comeback.
Phoenix Suns re-sign Mark Williams, Collin Gillespie and Jordan Goodwin to emphasize continuity after a 45-win season, while trading Grayson Allen and Royce O’Neale to Charlotte for Miles Bridges. The Kings’ Bobby Jackson won’t return as an assistant. Meanwhile, the Lakers added Walker Kessler, Quentin Grimes, Sandro Mamukelashvili and Collin Sexton, with at least one roster spot still open. The Clippers signed Rui Hachimura to bolster the frontcourt, but may still hunt for a center, as Kawhi Leonard–Toronto trade chatter persists and potential fits like Brandon Ingram and Gradey Dick are weighed."
Phoenix traded Grayson Allen and Royce O’Neale for Miles Bridges, freeing about $20 million in tax savings this season and creating a roster spot. The deal moves the Suns away from the second apron toward the first and allows use of the full taxpayer mid-level exception, boosting cap space for free agency. They’re targeting shooting guards, with options including Luke Kennard, Kevin Huerter, Collin Sexton, Jordan Clarkson, De’Anthony Melton and Landry Shamet as a wildcard.
The Phoenix Suns traded Grayson Allen and Royce O’Neale along with an unprotected 2033 first-round pick to land Miles Bridges, plus a 2029 first-round pick swap and a 2027 second-round pick swap. The move earns Draft Capital D+, Player Exchange B, and an overall C+ as the Suns gain around $20 million in luxury-tax relief and a roster spot, potentially enabling another add via the non-taxpayer MLE, but Bridges’ 33.8% career 3-point shooting and the loss of two top shooters raise concerns about spacing. Bridges’ expiring deal could be extended, yet the Suns still face questions about fit and culture given his off-court reputation. The piece remains intrigued but cautious, noting that full value will depend on the rest of the offseason and any additional assets linked to larger trades.
The Suns’ surprise trade for Miles Bridges adds athletic scoring and playmaking but raises questions about fit with the team’s high-character identity, especially after reshaping the roster; Bridges’ past issues and defense concerns feed fan skepticism as the organization weighs short-term gains against long‑term culture.
NBA writer John Hollinger criticizes the Phoenix Suns’ trade for Miles Bridges as a shortsighted overpay: Phoenix surrendered an unprotected 2033 first-round pick (plus additional future picks) for a modest upgrade, risking long-term asset value and flexibility while questioning the franchise’s asset management and win-now approach.
Charlotte Hornets trade Miles Bridges plus two future picks to the Phoenix Suns for Grayson Allen, Royce O’Neale, and a 2033 first-round pick; Phoenix sends Bridges, a 2029 first-round pick, and a 2027 second-round pick to Charlotte, as the seven-year Hornet exits and Charlotte adds veteran shooting in Allen and O’Neale amid a roster reshaping.
Charlotte Hornets trade Miles Bridges to the Phoenix Suns for Grayson Allen, Royce O’Neale, and multiple draft assets (a 2033 unprotected 1st from Phoenix, plus the 2029 1st with bottom‑five protection and a 2027 2nd). The deal awaits the July 6 moratorium to finalize. The move boosts Charlotte’s future draft capital and clears Bridges’ expiring contract, while Phoenix adds wings and flexibility, including roughly $30M in luxury‑tax relief and a traded‑player exception; Bridges is extension‑eligible, and Allen/O’Neale bring veteran experience. It’s the fourth Suns–Hornets trade since January 2025.