Eric Bledose has yet to sign with an NBA team in restricted free agency, and the Phoenix Suns remain a likely option.

"We'll continue to work as hard as we can within that restricted free agency system established by the collective bargaining agreement," Suns President of Basketball Operations Lon Babby said Monday. "We continue to hope and expect that he will remain in a Suns uniform."

The Suns have been negotiating with Bledsoe and have the right to match any offer sheet. Bledsoe has sought a maximum-level contract.

Bledsoe has a $3.7 million qualifying offer that he could choose to play for next season and then become an unrestricted free agent next summer.