The Phoenix Suns are acquiring forward Miles Bridges from the Charlotte Hornets in a multi-asset deal. Phoenix sends Grayson Allen, Royce O'Neale, and a 2033 first-round pick to Charlotte to complete the transaction. This move allows the Suns to save roughly $20 million in luxury tax payments while clearing a roster spot for upcoming free agency.

Charlotte continues its aggressive roster overhaul following the recent trade of La Melo Ball to Minnesota. Bridges averaged 17.1 points and 5.8 rebounds last season, though his role diminished after the arrival of Kon Knueppel. The Hornets now receive veteran depth in Allen and O'Neale alongside a valuable unprotected draft asset to bolster their rebuilding efforts.

Bridges enters Phoenix with one year remaining on his contract after a turbulent period in Charlotte. His departure leaves a vacancy in the Hornets' frontcourt that likely goes to Naz Reid. Phoenix secures a scoring option they have targeted for years, while Charlotte prioritage long-term assets over established veteran production.