Philadelphia 76ers guard Kelly Oubre Jr. Bill Streicher-USA TODAY Sports

Sixers to re-sign former first-round pick

Originally posted on Hoops Rumors | By Luke Adams | Last updated Jul 2, 2024 10:45 AM ET

Kelly Oubre Jr. is returning to Philadelphia, according to Adrian Wojnarowski of ESPN, who reports that the free-agent forward is in agreement with the Sixers on a new two-year, $16.3M deal. The contract will include a second-year player option, Wojnarowski adds.

After averaging 20.3 points per game with the Hornets in 2022-23, Oubre accepted a one-year, minimum-salary contract with Philadelphia last summer and played a significant role for the club this past season, averaging 15.4 PPG, 5.0 RPG and 1.5 APG in 68 games.

An athletic, versatile defender with good size, Oubre made 52 starts and averaged 30.2 minutes per night, logging more total minutes in 2023-24 than any Sixer besides Tyrese Maxey and Tobias Harris. He came in at No. 31 on our list of this year’s top 50 free agents.

The terms of Oubre’s new deal suggest he’ll be re-signed using Philadelphia’s room exception once the team has used up its cap space.

As we outlined earlier, based on the $140.59M salary cap for 2024-25, that exception for cap-room teams will start at just under $8M and can be worth up to about $16.37M over two years.

The 76ers have had a busy first day in free agency, reaching contract agreements with Andre Drummond (two years, $10M) and Eric Gordon (veteran’s minimum) in addition to Oubre.

Philadelphia also landed star forward Paul George after the Clippers stated on Sunday that George would be signing with a new team.

This article first appeared on Hoops Rumors and was syndicated with permission.

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