Things aren’t looking good when it comes to negotiations between the Phoenix Suns and their restricted free agent star guard Eric Bledsoe.

According to league sources, an “ominous development” has arisen with sides still “very far apart” in contract negotiations. It has even escalated to the point where the “relationship is on the express lane to being ruined,” a source with knowledge of the situation informed CSNNW.com.

The Suns offered Bledsoe a four-year, $48 million deal with declining salaries each year, two sources said. That proposal was quickly turned down. Bledsoe’s camp is putting a max price tag on the player Suns Head Coach Jeff Hornacek called “a Top-10 player in the NBA in coming years”, another source said.

Phoenix has made it known publicly and repeatedly that they intend to match any offer sheets competitors issue out to Bledsoe. This tactic has succeeded in scaring away any potential suitors so far.