Published November 20, 2014
The person spoke to The Associated Press on the condition of anonymity Friday because the deal had not been signed.
One of Phoenix's most popular players, Hill was a top target in the free agent market, pursued by numerous teams before deciding to return for a fifth season in the desert.
The NBA's second-oldest player at 39, Hill has proven to still be a good player after past injury woes, averaging 15.8 points last season while routinely guarding the opposing team's best player.
Hill also has been valued for his leadership and is considered a key to keeping close friend Steve Nash from leaving.