Report: Suns on the verge of dealing for Turkoglu, Childress

After an up-and-down season in Toronto, Hedo Turkoglu could be headed to Phoenix.

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NEW YORK (SI.com) -- Looking to fill the void created by Amar'e Stoudemire's departure, the Suns are working on two deals that would bring Hedo Turkoglu and Josh Childress to Phoenix, according to the Arizona Republic.

In the first trade, the Suns would send veteran guard Leandro Barbosa to Toronto in exchange for Turkoglu, a playmaking forward who struggled with the Raptors last season but was named the NBA's Most Improved Player just two years ago with Orlando.

In a sign-and-trade with the Hawks, the Suns would acquire Childress, a 6-foot-8 forward who averaged 11.1 points per game over four seasons with Atlanta, according to the Arizona Republic. Childress played for the Greek team Olympiakos the last two seasons, but his rights are still owned by the Hawks.

Childress would sign a five-year, $30 million deal with Atlanta before being shipped off to Phoenix for a future second-round pick and a portion of a trade exception.

The Suns, who lost in the Western Conference finals this past spring, also recently re-signed center Channing Frye and inked free agent forward Hakim Warrick.

Turkoglu is represented by Lon Babby, who is reportedly a candidate to replace Steve Kerr as the president of the Suns' basketball operation. Childress was previously represented by Babby before leaving the agent for Octagon.