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Wizards trade Butler to Philadelphia for a first-round pick

The Washington Wizards have traded guard Jared Butler and four second-round picks to the Philadelphia 76ers in exchange for Reggie Jackson and a 2026 first-round pick, per HoopsHype’s Mike Scotto.

TRADE: The Washington Wizards are trading four second-round picks to the Philadelphia 76ers for a 2026 first-round pick, league sources told @hoopshype.

— Michael Scotto (@MikeAScotto) February 6, 2025

Jared Butler was on a two-way contract and put forth some solid efforts, including a 26-point performance in Philly last month.

The Wizards, who owned 18 second-round picks prior to this trade, dipped into their stash to acquire a 2026 first rounder from Philly.