The Suns are slated to waive Maledon on Monday, Michael Scotto of USA Today reports.
Maledon and Phoenix agreed to a two-way contract Sunday, Shams Charania of The Athletic reports.
Maledon was waived by the Hornets on Thursday.
Maledon won't start Friday's game against the Bucks, Roderick Boone of The Charlotte Observer reports.
Maledon is in the starting five for Tuesday's game versus the Heat.
Maledon produced five points (2-7 FG, 1-2 3Pt), six rebounds, two assists and one steal in 21 minutes during Wednesday's 128-119 loss to Houston.
Maledon (shoulder) isn't on the injury report for Wednesday's season opener against the Hawks.
Maledon (shoulder) has been ruled out for Thursday's preseason game against the Celtics.
Maledon (shoulder) participated in Wednesday's intra-squad scrimmage, Roderick Boone of The Charlotte Observer reports.
Maledon (shoulder) is out Sunday versus the Thunder.