Jeff Hornacek signed a contract on May 27, 2013 to be the Phoenix Suns head coach. Hornacek currently falls under the category of a "lame duck coach" as he is entering the final year of his contract. The Suns can remove Hornacek from that group if they exercise their 2016-17 team option or extend his deal. From Gerald Bourguet of Valley of the Suns:

"Sure, Markieff Morris is the most pressing issue right now, and Phoenix could always wait to see how 2015-16 plays out before renewing Hornacek’s contract. But giving him an extension now would let the world know this front office believes in him as the head coach who will oversee this franchise’s continued rebuilding process. Hardly anyone sticks around forever in this league, but Hornacek clearly has potential as an NBA head coach. For this young core to get its chance to develop together, the Suns need stability at an organizational level. It’s time for Phoenix to start moving away from keeping options open 'in case something better comes along' and start investing in what it has. Players are traded all the time, but having a regular fixture in charge of the team would be a big step for a franchise looking to turn spare parts into a whole again. Jeff Hornacek has done more than enough to earn the opportunity to be that fixture."