Summary
Gordon had some brief stints when he one of the most dangerous shooters in the NBA. His percentages haven't always been elite, but he has deep range, which provides his team with extra spacing as he has gravity from well beyond the three-point line. He's mostly a stand-still shooter at this stage of his career, but he does have the ability to come off screens and hit some shots on the move. He also has the ability to attack hard closeouts and finish inside or hit side-step threes after pump-faking. He hit a very solid 69% at the rim and 38% from three in '23-'24.

Gordon can operate in the pick-and-roll a bit, but he doesn't have the ball-handling ability or quickness to consistently get in the lane and make plays. However, teams interested in Gordon won't be asking him to handle the ball much, as his shooting and defense make him a valuable role player.

Speaking of Gordon's defense, even as he has aged into his 30's he has played well there. He's really strong for a guard, which allows him to guard bigger players, and he doesn't get bumped off his spot when opponents drive into him. He also moves his feet well to stay in front of his defender. Gordon had some really nice defensive moments against Donovan Mitchell in the 2018 and 2019 playoffs. However, it has been several years since then, so Gordon is unlikely to play that big of a role defensively again. That's okay, as most teams interested in Gordon would have other wing stoppers, so Gordon just needs to be a survivable defender in order to provide value. 

Gordon will be 35 years old as a potential free agent in 2024, but has shown that he can at least still be a contributor.
 
Cap Considerations
Gordon has a $3.4 million player option for next season, and if he declines that option he will be an unrestricted free agent with a $2.1 million cap hold and Non-Bird Rights.

Due to the increase in the salary cap not being very high, his minimum salary for '24-'25 is slightly less than what his player option amount is for, so if Gordon thinks he will only get minimum offers, he should opt in, at least solely for financial reasons. 

If Gordon opts for free agency, the Suns will be somewhat limited in their means of re-signing him. Since they will only have his Non-Bird Rights, the most they could offer him using the Non-Bird Exception is a contract starting at $4 million.

Other teams will have multiple ways to sign Gordon as even teams without cap space could likely use any of the Non-Taxpayer MLE, Room MLE or possibly even the Taxpayer MLE or Bi-Annual Exception to sign him. Since he signed a minimum contract in 2023, teams will hope to get him at the minimum in 2024 too.