Report: 76ers signing Raul Neto as backup point guard

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The 76ers are working to secure starting point guard Ben Simmons for the long-term.

But with T.J. McConnell leaving for the Pacers, Philadelphia needed a backup point guard

Enter Raul Neto, whom the Jazz just waived rather than guarantee his $2.15 million salary.

Shams Charania of The Athletic:

Neto will earn $1,737,145 next season – $1,620,564 from Philadelphia, $116,581 from the NBA. One-year minimum contracts for players with more than two years experience are subsidized by the league.

This is a nice signing for the 76ers. Neto is a capable backup point guard – when healthy. But he has played just 40, 41 and 37 games the last three years. Philadelphia needs more depth at the position. Shake Milton, a second-year combo guard, can provide some. The 76ers should probably add another player who can run the point.