The Suns will make a pair of sign-and-trade deals as part of forward Amar'e Stoudemire's departure. Phoenix will swing deals with New York and Chicago, netting a $16.5 million trade exception from the Knicks and using it as part of Hakim Warrick's acquisition. Happy Waters, the agent for Stoudemire, told Paul Coro of the Arizona Republic of the sign-and-trades. The trade exception of $16.5 million is equal to Stoudemire's first-year salary in New York and means that Phoenix would be landing a player like David Lee in return. The Knicks are expected to receive a second-round pick and an additional $800,000 in cap space in the deal as they will be able to start Amar'e's contract at a lower price. "We really did care about Robert (Sarver) and Alvin (Gentry) and the team and how we could help any way we could," Walters said. "It doesn't give Amar'e any more money. He actually takes a pay cut in the first year of $800,000. It gives them flexibility and hopefully it helps them in the future." http://www.azcentral.com/members/Blog/PaulCoro/88449
