The Philadelphia 76ers retained limited loose agent ahead/heart Paul Reed on Sunday evening by way of matching a three-year, $23 million be offering sheet he signed with the Utah Jazz an afternoon previous
Whilst the 76ers didn’t formally expose phrases of the deal, ESPN reported that the workforce waited till not up to two hours sooner than Sunday’s 11:59 p.m. ET closing date to inform Utah that they’d opted to check the sheet
The contract carried some intrigue because the preliminary season at the matched be offering sheet is absolutely assured, with Years 2 and three to develop into assured if Reed’s workforce reaches the convention semifinals in 2023-24 — with the ones playoff benchmarks apparently extra potential for the contending 76ers than the rebuilding Jazz
Moreover, by way of matching the be offering, the 76ers will exceed the league’s $165 million luxury-tax threshold and incur a $14 million penalty, in step with ESPN
A second-round select by way of Philadelphia in 2020, the 24-year-old Reed averaged 4.2 issues and three.8 rebounds in 69 video games (two begins) in 2022-23, his 3rd NBA season.
–Box Stage Media