According to ClutchPoints reporter Brett Siegel, the Sun is expected to officially announce the purchase of Bill tomorrow, who will give up his salary of about $14 million to help the Sun use the extended terms.
According to previous reports, under the restrictions of the labor-capital agreement rules, Bill had to give up at least $13.8 million before the Sun could buy him out with extended terms. If Bill gave up his salary to $14 million, it could also help the Suns reduce their total salary below the No. 1 rich line, which would save the Suns a huge luxury tax penalty (not less than about $230 million).
