Monitor this situation.

Unsubscribe anytime.

[SITUATION] · [QUIET] · [SPORTS]

2 clusters · 4 sources · 5 days · First seen about 1 month ago · Last updated 26 days ago

Haywood Highsmith roster status with Phoenix Suns

Overview

The Phoenix Suns waived veteran wing Haywood Highsmith to gain roster flexibility and financial relief. Highsmith, 29, had his tenure in Phoenix limited by health issues following right knee surgery in August 2025, resulting in only nine total appearances during the 2025/26 season.

By waiving Highsmith, the Suns aimed to move below their second-apron hard cap and reduce their projected luxury tax bill. Following his release, Highsmith re-signed with the Phoenix Suns on a one-year, minimum-salary deal for the 2026/27 season. This new contract carries a salary of $3,066,143 and a cap hit of $2,449,421, allowing the team to manage its luxury tax projections while retaining the veteran player.

Entities

Phoenix Suns · Haywood Highsmith · Miami Heat

Timeline

26 days ago

[SPORTS] 2 sources
Haywood Highsmith re-signs with Phoenix Suns
Haywood Highsmith has re-signed with the Phoenix Suns on a one-year minimum-salary deal for the 2026/27 season, helping the team manage its luxury tax implications.
about 1 month ago

[SPORTS] 3 sources
Phoenix Suns waive Haywood Highsmith
The Phoenix Suns have waived veteran wing Haywood Highsmith, seeking roster flexibility and a projected $11 million reduction in their luxury tax bill following his injury-plagued stint with the team.

Sources

basketusa.com · hoopsrumors.com · si.com · sport1.pl