NBA rumors: Elfrid Payton heading back to Phoenix?

More on Elfrid Payton Free Agency

Marc Berman: Source confirms PG Elfrid Payton return to Phoenix is strong possibility. Payton has 17 career triple doubles. Meanwhile, Dennis Smith Jr. and Frank Ntilikina, Knicks teammates to start 2020-21, still unsigned. Smith won't be back in Detroit, per source.
Liz Mullen: Free agent PG Elfrid Payton has signed with @Wasserman NFL/NBA agent Chafie Fields. He was formerly repped by CAA.
Adrian Wojnarowski: Elfrid Payton has agreed to one-year, $5M deal with Knicks, agents Aaron Mintz and Ty Sullivan of @CAA_Basketball tell ESPN.
Steve Popper: Newsday has learned Knicks are waiving Elfrid Payton and Kenny Wooten and not picking up option on Bobby Portis. Also, no qualifying offer for Damyean Dotson, who is an unrestricted FA now. More decisions to come... The players who are waived today could be back - but on a lesser deal than what they were in line for.
A big factor in the Knick offseason is what the club chooses to do with Taj Gibson, Bobby Portis, Elfrid Payton, Wayne Ellington and Reggie Bullock. The Knicks have considered scenarios where they pick up the option for Payton and retain Bullock, per SNY sources.
“We’re thrilled to welcome Wayne, Taj, Elfrid, Bobby and Julius to New York,” said Scott Perry, general manager, New York Knicks. “Collectively, we’re adding a mix of extremely talented and experienced multi-dimensional players who will improve our team as we continue building out a deep and versatile roster. These players are all tough-minded, motivated and ready to compete, and we’re excited to have them as part of the Knicks family.”
When asked about the possibility of playing in New Orleans again next year, here's what Payton said: "There's definitely a little interest on both sides, I've just still got to weigh my options. But, like I always say, man, I'm from Gretna, I'm from this city, so the Pels are always going to be a team I root for, so I'll always root for them."
Scott Kushner: Sources tell me Elfrid Payton’s one year deal with the Pelicans is worth more than the veteran minimum. Still don’t have an exact price, but it’s likely to fit under the bi-annual exception… Zach Lowe: It's $2.7M, per sources.
Adrian Wojnarowski: Payton will sign a one-year deal with Pelicans, a return to his hometown.
Adrian Wojnarowski: Elfrid Payton has agreed to a deal with the Pelicans, league sources tell ESPN.
The Suns will be busy before July 1. Expect them to renounce their rights to center Alex Len and point guard Elfrid Payton, making them both free agents. Ayton’s addition has made Len expendable, and while Phoenix still needs point-guard help, Payton’s inconsistent play last season and, more importantly, his $10 million cap hold figure, likely means he’s played his last game in a Suns uniform. Letting Len and Payton walk will put Phoenix approximately $10 million under the cap.
I know the trade just happened, but when you look at the roster, the organization and the city, could you see yourself potentially staying in Phoenix long-term? Elfrid Payton: Yeah, I really could. Obviously, it’s not only up to me and I understand the business side of the NBA, but this is definitely somewhere I could see myself being for a long time.
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