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The Phoenix Suns will release wing Cody Martin, freeing up $8.7 million out of his non-guaranteed salary for next season, Arizona Sports’ John Gambadoro reports.
Martin’s contract was set to be fully guaranteed on Monday.
Martin’s departure allows Phoenix to get closer to escaping the second apron, a threshold of total salary money that puts several restrictions on roster movement for the league’s most expensive teams.
The Suns were upward of $20 million above the projected second apron before Martin was released.
-- Kellan Olson, Arizona Sports' Suns reporter