The Sixers have officially signed veteran guard Reggie Jackson, the team announced Tuesday in a press release. He received a one-year contract, according to Keith Pompey of The Philadelphia Inquirer.
The move had been anticipated since last Tuesday when word broke that Jackson would be cut by the Hornets and that he intended to join the 76ers after clearing waivers.
The 34-year-old gave up approximately $3.3M in a buyout agreement with Charlotte, which is the amount he’ll earn on his new minimum salary deal with Philadelphia.
“Reggie is a playoff-tested veteran who brings leadership and experience to our backcourt,” Sixers president of basketball operations Daryl Morey said in a statement. “He’s been a dynamic offensive player throughout his 13 seasons in the league.”
Jackson spent the 2023-2024 season in Denver, backing up Jamal Murray at the point. He averaged 10.2 points, 3.8 assists and 1.9 rebounds in 22.2 minutes per game, posting a .431/.359/.806 shooting line in 82 outings (23 starts).
Jackson exercised a $5.25M player option in June, but the Nuggets wanted to go in a different direction with their backup point guard spot and traded the 34-year-old to Charlotte along with multiple second-round picks in a salary dump deal.
Denver signed Russell Westbrook to fill the backcourt hole created by that trade. The Hornets, meanwhile, made that deal with Denver to acquire those future second-rounders rather than Jackson, who wasn’t in their plans for 2024-2025.
Now that their addition of Jackson is official, the Sixers have 13 players on standard contracts — 12 are on fully guaranteed deals, while Ricky Council‘s salary is non-guaranteed.
Philadelphia figures to add at least one more player on a standard contract at some point between now and opening night, though it remains to be seen if the team will fill both 15-man roster openings.
Jackson will provide additional depth in a Sixers backcourt that features rising star Tyrese Maxey, veterans Kyle Lowry and Eric Gordon and rookie Jared McCain.
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