Over the offseason, the Charlotte Hornets acquired Reggie Jackson.
The veteran point guard had been coming off a season where he averaged 10.2 points, 1.9 rebounds and 3.8 assists per contest while shooting 43.1% from the field and 35.9% from the three-point range in 82 games for the Denver Nuggets.
On Tuesday, ESPN's Adrian Wojnarowski reported that the Hornets will waive Jackson.
He will then sign a deal with the Philadelphia 76ers (according to Wojnarowski).
Via Wojnarowski: "ESPN Sources: Veteran guard Reggie Jackson — who agreed on a contract buyout with the Charlotte Hornets — plans to join the Philadelphia 76ers upon clearing waivers.