http://www.brightsideofthesun.com/2015/6/28/8859903/report-phoenix-suns-to-re-sign-brandon-knight-to-same-5-70-deal-they
Dave King wrote:Expect Knight NOT to sign until the Suns have already spent their cap space on free agents to improve the team. The Suns currently have just under $13 million to spend as long as Knight only counts $8.9 million as a "cap hold" on his Bird Rights.
The Suns can spend anything on the free agent market up their cap, and then exceed the cap in the re-signing of Knight to a larger annual contract than the $8.9 million cap hold.
Thoughts?