Mike Budenholzer is out in Phoenix ... the Suns have axed their head coach after just one disappointing season at the helm.
Shams Charania broke the news Monday morning ... a day after reports indicated the organization was going to take the drastic step of firing their coach.
Budenholzer signed a 5-year deal worth $50 million last offseason ... and expectations were high with MB on the bench. but the org. was clearly in no mood to be patient.
But, the Suns struggled all season .