INQUIRER.net: Suns, Michael Beasley agree to terminate contract

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Suns, Michael Beasley agree to terminate contract Sep 4th 2013, 01:51 PHOENIX  -- The Phoenix Suns and Michael Beasley have reached an agreement to terminate the contract of the troubled forward.   The move on Tuesday will cost the franchise $7 million, a $2 million savings from what Beasley would have been due had he simply been waived. It also represents a significant reduction in what the hit on the team's salary cap would have been.   Beasley was arrested a month ago in suburban Scottsdale on charges of felony marijuana possession and possession of drug paraphernalia. It was the latest in a series of incidents involving the drug that have plagued his NBA career after he was selected as the No. 2 overall draft pick out of Kans... Keep on reading: Suns, Michael Beasley agree to terminate contract Media files: beasly.jpg (image/jpeg)

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