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76ers' Daryl Morey sacrifices promising young guard Jared McCain to dodge luxury tax
Philadelphia 76ers president of basketball operations Daryl Morey. Bill Streicher-Imagn Images

76ers' Daryl Morey sacrifices promising young guard Jared McCain to dodge luxury tax

Philadelphia 76ers team president Daryl Morey is known for his creative team-building and embrace of analytics tools. But his true talent may lie in ducking the luxury tax.

Morey and the Sixers traded 21-year-old guard Jared McCain to the Oklahoma City Thunder Wednesday for draft picks, getting the team below the tax line ahead of the Feb. 5 trade deadline. It's an unexpected money-saving move for a team that's fourth in the Eastern Conference.

Jared McCain has huge potential for the Thunder

McCain was one of the best rookies in the NBA last season before a meniscus tear ended his season. He averaged 15.3 points in 25.7 minutes per game, shooting 46 percent from the field and 38.3 percent on three-pointers. The season was so impressive that McCain finished seventh in the Rookie of the Year vote despite playing only 23 games.

This year, the No. 16 pick from the 2024 draft missed the start of the season after tearing a ligament in his thumb. He fell behind 2025 No. 3 pick VJ Edgecombe in the Sixers rotation, as well as Quentin Grimes. Still, McCain looks like an elite shooter, going 19-of-39 on three-pointers since the beginning of 2026.

That wasn't enough for the Sixers not to choose tax relief over a young guard with huge potential. Dealing McCain brought the Sixers a Houston Rockets first-rounder in 2026 and three other second-round picks, where they have an outside chance of getting a player as good as McCain.

Daryl Morey consistently chooses tax savings over players

It's surprise that a seemingly competitive team like the 76ers would trade a useful player at the deadline and get zero players back in return. Especially since they just lost Paul George to a 25-game suspension, putting the Sixers down two players until George can return at the end of March.

George's suspension is unpaid, which cost him $11.7M and reduced the Sixers' payroll enough to enable this money-saving transaction. That's typical for Morey, who made tax-saving moves his specialty during James Harden's prime with the Houston Rockets.

In 2019, one year after the Rockets nearly knocked of the Golden State Warriors, the eventual champions, Morey spent the season — and a first-round pick — taking $21M off the Rockets' tax bill, eventually trading James Ennis for a second-round pick swap to get under the tax line. The Rockets also kept only 13 players on the roster for much of the season — then lost to the Warriors again in the playoffs.

In 2017, the Rockets made moves to get under the cap at the deadline. In 2016, Morey only failed to get under the tax because of a trade fell through when Donatas Motiejunas couldn't pass a physical.

With the 76ers, Morey ducked the luxury tax at the 2024 and 2025 deadlines. This may help for long-term financial planning, but the Sixers essentially sacrificed a promising 21-year-old guard for minor financial savings.

For the record, Sixers owner Josh Harris has an estimated net worth of over $10B. He and the Sixers are still prioritizing saving money over winning.

Sean Keane

Sean Keane is a sportswriter and a comedian based in Oakland, California, with experience covering the NBA, MLB, NFL and Ice Cube’s three-on-three basketball league, The Big 3. He’s written for Comedy Central’s “Another Period,” ESPN the Magazine, and Audible. com

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