Suns waive Canaan to clear spot for Payton

Isaiah Canaan has been waived by the Suns, per a report.

The Phoenix Suns will waive guard Isaiah Canaan to make room for newly acquired guard Elfrid Payton, according to Scott Bordow of AZCentral.

Canaan suffered a nasty ankle injury last week, resulting in season-ending surgery.

“Suns love Canaan as a player as a person and hate to do it but just couldn’t waive a healthy player when Canaan will be out all season and will become an unrestricted free agent,” Bordow tweeted.

The Suns acquired Payton from the Orlando Magic for a second-round draft pick Thursday.