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Reed signing three-year, $24 million offer sheet with Jazz; Sixers have through Sunday to match

Sixers backup center Paul Reed is signing a three-year, $24 million offer sheet from the Utah Jazz. Shams Chararnia of The Athletic was the first one to break the news.

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. pic.twitter.com/gQhCNVvIiV

— Shams Charania (@ShamsCharania) July 8, 2023

Philadelphia is now on the clock.