Chris Paul and the Phoenix Suns agreed to a four-year, $120 million contract as free agency opened, but it has a far lower number in terms of guaranteed money as anticipated. 

According to John Gambadoro, the third year of Paul's deal is only partially guaranteed at $15 million and the final season is a team option.

With Paul at an annual average of approximately $30 million, his guaranteed salary if he only plays the next two seasons with the Suns, is only $75 million.