Owner Robert Sarver and coach Alvin Gentry are planning to meet with Amar?e Stoudemire next week in Chicago and offer him a contract extension, but a source called it ?pretty bleak? that the Suns will be able to convince the All-Star forward to agree to a deal.

Phoenix is expected to offer a contract worth less than the maximum, which will lead him to opt out.

The Miami Heat and New York Knicks will be the top suitors for Stoudemire, with the Chicago Bulls and New Jersey Nets also expected to show interest.

Stoudemire was disappointed GM Steve Kerr and assistant GM David Griffin will not be with the club this season.