Sixers acquire Jared Butler from Wizards for Reggie Jackson

Keith Smith
Keith Smith, Resident NBA ExpertFebruary 07, 2025
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#nba #nba trade deadline #philadelphia 76ers #washington wizards
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The Philadelphia 76ers added some guard depth on a two-way contract, while clearing out some salary and adding some second-round draft capital. The Wizards used some of their tax room to eat a salary, while adding a first-round pick.

Here are the particulars:

Philadelphia 76ers acquire: Jared Butler (two-way player), most favorable of 2027 Warriors or Suns second-round pick, 2028 Warriors second-round pick, 2030 Warriors second-round pick, most favorable of 2030 Suns or Trail Blazers second-round pick

Washington Wizards acquire: Reggie Jackson, least favorable of 2026 Rockets, Clippers or Thunder first-round pick

Let’s dive in!

Philadelphia 76ers

Incoming salary: None (two-way players count as $0 in trade)

Outgoing salary: $2.1 million in 2024-25

  • Reggie Jackson (PG, one year, $2.1 million)

Jackson had been a rotation regular for Nick Nurse, but the Sixers have a decent amount of point guard depth. This move was part of a series of moves to that helped Philadelphia to get under the luxury tax line.

In addition to getting under the tax, the Sixers picked up four future second-round picks in exchange for a first-round pick. That’s adding to the coffers long-term.

Lastly, let’s not overlook the addition of Butler. He’s an NBA-caliber backup point guard. Don’t be surprised if Butler is eventually converted to a standard contract by the Sixers before the send of the season.

Washington Wizards

Incoming salary: $2.1 million in 2024-25

  • Reggie Jackson (PG, one year, $2.1 million)

Outgoing salary: None (two-way players count as $0 in trade)

This one is pretty simple from the Wizards side. They use some of their considerable space under the luxury tax, plus a bunch of extra second-round picks to add another first-round pick. That’s solid work.

Jackson was waived. He’s got enough left in the tank to help a playoff team that needs some point guard depth. Look for Jackson to catch on with someone on a rest-of-season contract.

 


#nba #nba trade deadline #philadelphia 76ers #washington wizards
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