"Utah Jazz Make Offer to Retain Sixers' Paul Reed Jr."
Philadelphia 76ers restricted free agent forward Paul Reed Jr. has signed a three-year, $23 million offer sheet with the Utah Jazz. The offer sheet includes a unique twist where the first season is fully guaranteed, and the following two seasons become guaranteed if the Jazz advance to the conference semifinals in 2023-24. The Sixers have until Sunday to match the offer and retain Reed, but doing so would push them over the luxury tax threshold. Reed had an impressive season with the Sixers, ranking in the top 10 in offensive rebounding percentage and making an impact in the playoffs.