Follow usPhiladelphia 76ers restricted free agent Paul Reed Jr. has inked a 3-year, 23 million dollar offer sheet with the Utah Jazz; his agent shared the news with the media.
Paul inked the offer sheet today in the morning. The 76ers will have until Sunday to match the offer and keep the forward, or he will join Utah.
BREAKING: Philadelphia 76ers restricted free agent F Paul Reed Jr., has signed a three-year, $23M offer sheet with the Utah Jazz.
Should Philadelphia match the contract & keep him? pic.twitter.com/g3lUcJrB8o
— NBA Buzz (@OfficialNBABuzz) July 8, 2023
One contract contains a unique clause: The 1st campaign of the deal is fully guaranteed, while the next 2 years become guaranteed if his franchise reaches the conference semifinals in 2023-24. In that situation, Philly would have to guarantee almost 16 million dollars total for the 2024-25 and 2025-26 campaigns than Utah.
If Philadelphia matches the offer sheet, they would go beyond the 165 million dollar luxury tax verge and must pay 14 million dollars extra in penalties.
Sacramento dismisses head coach Mike Brown 
NBA planning to start European League, confirms FIBA president 
Embiid returns with 34 points to help 76ers beat Hornets 108-98 
