The Salt Lake Tribune article said "Because Bell is eligible to receive most of the mid-level exception..." but this makes no sense. Bell is "eligible" to receive any amount that anyone wants to pay him. Even if the article meant that the Suns could offer most of the MLE, that's not right either, because of course they could offer him the whole thing.
Unless, that is, the new CBA has the MLE split into two parts, larger and smaller, as some have speculated. We haven't gotten a definitive statement on this yet. If the MLE was split, that would somewhat explain why a player like Marshall was never considered, since surely he'll find a way to get more than $3.5 million (a number that I just made up as a possible "larger part" of the new MLE).
Assuming the full MLE is still an option, however -- and there's every indication that it is -- the Tribune article doesn't have the facts right. Let's hope they're off on the number as well. I think it's worth pointing out, however, that we have this conversation often when the Suns do a signing or make a trade, and we're usually disappointed to learn that, yes, they really did pay as much as the early reports say.
The front-court depth is a major problem. Even if you include Marion's ability to play PF, there are a grand total of three decent players at the power positions. They'll have to do something else, but I predict we will be severely disappointed with the results.