Report: 76ers re-signing J.J. Redick to one-year contract worth $12M-$13M

2 Comments

The 76ers were holding out hope for LeBron James.

But with LeBron signing with the Lakers, Philadelphia is turning to other business – like re-signing J.J. Redick.

Adrian Wojnarowski of ESPN:

That’s not nearly as much as the $23 million Redick made last year, but it’s still probably a higher salary than the 34-year-old could have fetched on the open market. Few spending teams have more than the $8,641,000 mid-level exception available.

But the 76ers are paying extra for flexibility. Other teams might have offered Redick more on a multi-year contract. Philadelphia paid a premium next season to keep its book cleaner for 2019.

The 76ers need shooting around Ben Simmons and Joel Embiid, and Redick will provide plenty. With Marco Belinelli (Spurs) and Ersan Ilyasova (Bucks) departing, Redick became more of a priority on a team ready to win now.

This contract will allow Philadelphia to aim even higher in the long-term, too.