The Phoenix Suns have waived guard Leandro Barbosa, according to ESPN's Adrian Wojnarowski.

The move will create $3.5 million of salary cap space, allowing the franchise more flexibility to accept incoming salary dumps along with any young assets or draft picks during a trade scenario.

Barbosa spent the first seven years of his career in a Suns uniform, coming back in 2016-17 after two seasons with the Golden State Warriors. He averaged 6.3 points, 1.6 rebounds, and 1.2 assists in a very limited role with the team.

The Suns have committed to their youth movement full-on, but still remain willing to trade for another star to pair alongside phenom shooting guard Devin Booker.

Phoenix has been willing to move guards Eric Bledsoe and Brandon Knight, thought the latter's back-loaded contract for the next three years remains a huge impediment in any trade situation. Knight is owed $43.9 million over the next three seasons.

Most notably, the Suns have made runs at New York Knicks unicorn Kristaps Porzingis, who has since been taken off the trade block, and L.A. Clippers forward Blake Griffin, who chose to re-sign with Lob City for a five-year, $173 million sum.