The NBA’s $76 billion largesse from its new national TV deals hasn’t yet started to reach individual teams. But it soon will, and the economic signs are already starting to show.

The Suns on Thursday signed guard Josh Okogie to a two-year, $16 million deal, with the second year not guaranteed. While hardly remarkable in itself, the agreement pushes the team beyond $400 million in total projected player payroll and luxury tax costs for the upcoming season, according to ESPN salary cap expert Bobby Marks.