The Phoenix Suns will have to pay former head coach Mike Budenholzer $40 million over the next four years, if he chooses not to accept another coaching opportunity.
The Phoenix Suns have fired head coach Mike Budenholzer after a disappointing season, which saw them finish outside of the play-in picture.
Phoenix Suns
Golden State Warriors
Oklahoma City Thunder
San Antonio Spurs
Sacramento KingsNow, the organization will look to bring in a new coach to help establish a winning culture in Phoenix. A roster shake-up also appears likely, with trade rumors swirling around several players, including star forward Kevin Durant, who is expected to be a potential offseason trade candidate.
Firing Budenholzer won't come without a cost. According to Evan Sidery, Budenholzer signed a five-year deal with the Suns and is owed $40 million, $10 million annually, if he chooses not to accept another coaching opportunity.
Despite the firing, Budenholzer remains an attractive option for teams seeking a new available head coach. A former NBA Coach of the Year and champion with the Milwaukee Bucks, he brings proven experience and a championship pedigree that could benefit any franchise.
