Paul Coro of the Arizona Republic has the scoop.

Kerr’s contract expires June 30 but he had been expecting and hoping to return until negotiations for his contract and an opportunity to return to television as a NBA commentator prompted him to leave the organization after three years as its GM, Suns Managing Partner Robert Sarver said.

Kerr, who could not be reached for comment, reportedly was asked to take a cut in salary during negotiations.

Owner Robert Sarver said that finances barely played a role:

“I wouldn’t say it’s a big surprise,” Sarver said. “Television is what he did before he came on board. It’s a change of plans from during the season. It boiled down to a number of things, including lifestyle and the opportunity. I was hoping to have him back.”

Sarver said the differences in financial negotiations played a “small part,” if any at all.

It’s funny — I thought Kerr might be fired after the Marion-for-Shaq debacle, but he hung in there, unloaded Shaq and his monstrous contract, and put together a nice team that was playing Top 4 basketball at the end of the season. The Suns had great chemistry, and I’m not sure if that was on purpose or by accident, but Kerr was ultimately responsible.

Being an NBA general manager is something of a dream job for me, but I can see how doing color commentary for the NBA would be a far less stressful occupation. Kerr won’t have fans dissecting his every move and there won’t be any “Fire Steve Kerr” websites out there clamoring for his dismissal.

That said, whomever takes over for Kerr will have to hit the ground running. The Suns have a big decision to make with regard to Amare Stoudemire, who is looking for a max contract (and probably isn’t worth it).

In case you’ve been living under a rock for the last week, the state of Arizona is in the middle of a political firestorm over its new law allowing police to stop any person at any time to ask for their identification.

Countless organizations have threatened to (or have already started to) boycott the state in protest. Tonight, the Phoenix Suns are stepping into the controversy by sporting their “Los Suns” jerseys in tonight’s Game 2.

The Phoenix Suns will wear “Los Suns” on their jerseys in Game 2 of the Western Conference semifinals on Wednesday night, owner Robert Sarver said, “to honor our Latino community and the diversity of our league, the state of Arizona, and our nation.”

The decision to wear the jerseys on the Cinco de Mayo holiday stems from a law passed by the Arizona Legislature and signed by Gov. Jan Brewer that has drawn widespread criticism from Latino organizations and civil rights groups that say it could lead to racial profiling of Hispanics. President Barack Obama has called the law “misguided.”

Sarver, who was born and raised in Tucson, said frustration with the federal government’s failure to deal with the illegal immigration issue led to the passage of what he called “a flawed state law.”

“However intended, the result of passing the law is that our basic principles of equal rights and protection under the law are being called into question,” he said, “and Arizona’s already struggling economy will suffer even further setbacks at a time when the state can ill-afford them.”

We don’t get very political on this blog, so I will refrain from sharing my own views on Arizona’s new law. Suffice to say that I’m pleased to see the Suns expressing their opinion on the matter.

Memphis GM Gerald Wallace took a lot of heat for trading Pau Gasol to the Lakers. But if we’ve learned anything in the past few days, it’s that Wallace was simply a man ahead of his time.

On Tuesday, we learned that the Bucks agreed to trade Richard Jefferson to the Spurs for Bruce Bowen, Kurt Thomas and Amir Johnson. (Fabricio Oberto was part of the original deal, but San Antonio sent him to Detroit for Johnson, who was then sent to Milwaukee.)

Regular readers know I’m a Bucks fan, and I spent the last couple of days grumbling on the Sports Bubbler message boards about how we didn’t get anything in return for Jefferson, who is still a pretty good player. When Wallace traded away Gasol, at least he got Javaris Crittenton (who was considered a prospect with upside at the time) and Pau’s brother, Marc, who turned out to be a productive center for the Grizzlies.

Then I wake up today to see that the Cavs and Suns have agreed to go through with that long-rumored trade that will send Shaq to Cleveland for salary cap relief. Who do the Suns get in return? A retiree (Ben Wallace), a bench player with a partially guaranteed contract (Sasha Pavlovic), some cash and a second round pick.

This is the going rate for a Third Team All-NBA center these days.

We knew that this summer had the potential to be a rough one for free agents, but it’s a little surprising to see that good players like O’Neal and Jefferson could be had for virtually nothing. Bucks owner Herb Kohl and Suns owner Robert Sarver realize that their clubs aren’t legitimate contenders, so they don’t see the point in paying the luxury tax just for the privilege of being knocked out in the first round of the playoffs. What kind of an effect these moves have on season ticket purchases remains to be seen.

The bottom line is that if a team is willing to spend, there has never been a better time to acquire talent. You’re not going to get someone like Caron Butler, who plays for a (pretend) contender and has a reasonable contract, but you can get Jefferson, who is overpaid and is on a mediocre team that is up against the luxury tax. And the older the player, the more likely he’s available. Teams aren’t going to give up good players that are in their early- or mid-twenties because the plan is to rebuild before they’re over the hill.

So who might be on the move for a bag of peanuts and some salary cap flexibility? How about Tracy McGrady, Baron Davis, Chris Kaman, Marcus Camby, Vince Carter, Tyson Chandler, Amare Stoudemire, Jermaine O’Neal, Michael Redd, Ray Allen or Rip Hamilton?

Truth be told, a team like the Suns isn’t going to give the youngish Stoudemire away for cap flexibility alone. But as the price of a star goes down, the price of superstar goes down as well.

It promises to be an interesting summer.