The Suns could generate close to $25 million in cap space if they part ways with Dario Saric, Aron Baynes, and other non-guaranteed players. They will continue gauging the trade market for a starting power forward with that position currently being their biggest weakness. They should also have the room mid-level and their lottery pick to help upgrade the roster.
Key: Not Guaranteed / Team Option / Player Option / Cap Hold / Dead Money
2020/21 season
| Devin Booker | $29,467,800 |
| Ricky Rubio | $17,000,000 |
| Kelly Oubre | $14,375,000 |
| Deandre Ayton | $10,018,200 |
| Mikal Bridges | $4,359,000 |
| Cam Johnson | $4,235,160 |
| Ty Jerome | $2,303,040 |
| Jalen Lecque | $1,517,981 |
| Elie Okobo | $1,663,861 |
| Frank Kaminsky | $5,005,350 |
| Cheick Diallo | $1,824,003 |
| Dario Saric | $10,445,958 |
| Jevon Carter | $1,937,273 |
| Jared Harper | $1,523,320 |
| Tariq Owens | $1,523,320 |
| Aron Baynes | $10,361,232 |
| FIRST-ROUND PICKS | $4,473,720 |
| ROSTER SPACE | $2,839,629 |
| CAP SPACE | $2,666,007 |
| CAP SPACE WITHOUT HOLDS | $32,930,830 |
| TAX SITUATION | -$55,723,819 |
2021/22 season
| Devin Booker | $31,650,600 |
| Ricky Rubio | $17,800,000 |
| Deandre Ayton | $12,632,950 |
| Mikal Bridges | $5,557,725 |
| Cam Johnson | $4,437,000 |
| Ty Jerome | $2,412,840 |
| Jalen Lecque | $1,782,621 |
| Elie Okobo | $1,802,057 |
| Kelly Oubre | $21,562,500 |
| Frank Kaminsky | $6,506,955 |
| Cheick Diallo | $1,849,757 |
| FIRST-ROUND PICKS | $4,862,760 |
| ROSTER SPACE | $6,173,100 |
| CAP SPACE | $17,910,525 |
| CAP SPACE WITHOUT HOLDS | $52,692,497 |
| TAX SITUATION | -$76,508,885 |
2022/23 season
| Devin Booker | $33,833,400 |
| Cam Johnson | $5,887,899 |
| Ty Jerome | $4,220,057 |
| Jalen Lecque | $1,930,681 |
| Deandre Ayton | $31,582,276 |
| Mikal Bridges | $16,673,175 |
| Ricky Rubio | $26,700,000 |
| Elie Okobo | $1,880,931 |
| FIRST-ROUND PICKS | $5,105,880 |
| ROSTER SPACE | $8,642,344 |
| CAP SPACE | $73,560,420 |
| CAP SPACE WITHOUT HOLDS | $155,502,682 |
| TAX SITUATION | -$114,608,644 |