The Utah Jazz signed Paul Reed Jr. to a three-year, $23 million provide sheet, sources informed Adrian Wojnarowski of ESPN.

With Reed signing the provide sheet on Saturday morning, the Sixers can have till 11:59 ET on Sunday evening to match.

The primary season of the provide sheet is absolutely assured, with the remaining two seasons changing into assured if Reed’s workforce reaches the convention semifinals in 2023-24. 

Ought to the 76ers match the provide sheet, the workforce would incur $14 million in luxurious tax penalties. Reed would even have veto energy on trades for the primary 12 months in Philadelphia.