The Suns are actively exploring options for Chris Paul's future, including shopping him on the trade block.
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They had considered waiving Paul earlier, but that idea was later rejected.
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If the Suns were to waive him, they could re-sign him at a lower salary than the $30.8 million he is currently owed.
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However, the Suns would still have to pay $15 million in dead cap if they waived Paul.
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They could potentially use the veteran minimum contract to supplement the remaining amount if Paul agreed to return under those terms.
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The Houston Rockets have shown interest in Paul if their pursuit of James Harden falls through.
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Finding a team willing to take on Paul's contract through a trade may prove challenging.
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