The Philadelphia 76ers retained restricted free agent ahead/middle Paul Reed on Sunday evening by matching a three-year, $23 million supply sheet he signed with the Utah Jazz a day earlier
Whereas the 76ers didn’t formally reveal phrases of the deal, ESPN reported that the staff waited till lower than two hours earlier than Sunday’s 11:59 p.m. ET deadline to inform Utah that they’d opted to match the sheet
The contract carried some intrigue for the reason that preliminary season on the matched supply sheet is absolutely assured, with Years 2 and three to grow to be assured if Reed’s staff reaches the convention semifinals in 2023-24 — with these playoff benchmarks seemingly extra attainable for the contending 76ers than the rebuilding Jazz
Moreover, by matching the supply, the 76ers will exceed the league’s $165 million luxury-tax threshold and incur a $14 million penalty, per ESPN
A second-round decide by Philadelphia in 2020, the 24-year-old Reed averaged 4.2 factors and three.8 rebounds in 69 video games (two begins) in 2022-23, his third NBA season.
–Discipline Degree Media