Paul Reed signs three-year offer sheet with Jazz

What’s the buzz on Twitter?

Austin Krell @NBAKrell
Danny Ainge and the Jazz are putting the Sixers on the hot seat, and they’re doing it by dangling fan-favorite big man Paul Reed over Philadelphia’s head:…12:00 PM
Emiliano Carchia @Sportando
Jazz sign Paul Reed to a 3-year, $23M offer sheet…11:41 AM
Adrian Wojnarowski @wojespn
ESPN story on Sixers restricted free agent F Paul Reed signing a three-year, $23M offer sheet with the Jazz: AM
Adrian Wojnarowski @wojespn
Philadelphia 76ers restricted free agent F Paul Reed Jr., has signed a three-year, $23M offer sheet with the Utah Jazz, his agent Ron Shade of Octagon Basketball tells ESPN. Sixers have until Sunday at 11:59 PM ET to match sheet and retain Reed. AM
Shams Charania @ShamsCharania
Restricted free agent Paul Reed — aka BBall Paul — is signing a three-year, $24 million contract offer sheet with the Utah Jazz, sources tell @TheAthletic @Stadium. Agent Ron Shade of Octagon negotiated the new deal. AM
Noah Levick @NoahLevick
Montrezl Harrell is indeed returning to the Sixers on a one-year deal — confirming @wojespn.
Signing doesn’t change the team’s desire to bring back Paul Reed, per team source. – 11:21 PM
John Hollinger @johnhollinger
Word of the Bamba signing has reached the citizens Paul Reed Island. We have activated our coconut catapult defense system and activated all the smoke signal stations while we await further word from our canoe recon teams on the outer reef. – 9:05 PM

More on this storyline

Philadelphia 76ers restricted free agent forward Paul Reed Jr. has signed a three-year, $23 million offer sheet with the Utah Jazz, his agent, Ron Shade of Octagon Basketball, told ESPN on Saturday. Reed signed the offer sheet Saturday morning, and the Sixers will have until 11:59 p.m. ET Sunday to match and retain Reed or let him go to the Jazz. -via ESPN / July 8, 2023
Adrian Wojnarowski: If Sixers match the sheet, they will exceed the $165M luxury tax threshold and incur an additional $14M in luxury tax penalties. Reed would have veto power on a trade for a year if he remains with Sixers. -via Twitter @wojespn / July 8, 2023

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