NBA free agency rumors: Suns waive Tyler Ulis to clear cap space

Tyler Ulis will be a free agent this summer.

The Suns waived the 22-year-old point guard Saturday in an effort to clear cap space, according to a report from ESPN. Ulis has started 58 games over the last two seasons for Phoenix.

As Phoenix continues to load up on salary cap space, Suns are waiving point guard Tyler Ulis, league sources tell ESPN. Ulis, 22, will join the free agent market upon clearing waivers.

— Adrian Wojnarowski (@wojespn) June 30, 2018

Phoenix could create up to $18.5 million in cap space heading into the free agency period, which begins July 1, according to ESPN.

After the Tyler Ulis waiver, Phoenix now has the flexibility to create up to $18.5M in room.

— Bobby Marks (@BobbyMarks42) June 30, 2018

Ulis was a rotation player for the Suns as a rookie after they picked him in the second round of the 2016 NBA Draft. He averaged 7.8 points and 4.4 assists in 23.4 minutes per game last season.

The Suns had been attempting to deal Ulis, according to a report from Arizona sports station 98.7. But they decided to cut him after failing to find a trade partner.

Suns pushed Ulis deadline back a week in an attempt to seek a trade but were unable to make a deal therefore have waived him.

— John Gambadoro (@Gambo987) June 30, 2018

The Suns selected Deandre Ayton with the No. 1 overall pick in the 2018 NBA Draft. They also traded for Villanova wing Mikal Bridges, who was selected 10th overall by the 76ers.