2024 NBA free agency: Sixers to reportedly sign veteran wing Caleb Martin away from Heat; waive Paul Reed nba,free,agency,sixers,to,reportedly,sign,veteran,wing,caleb,martin,away,from,heat,waive,paul,reed,liberty,ballers,front-page,nba-free-agency,76ers-free-agency-rumors-news


The Sixers aren’t done yet.

The team will reportedly sign veteran wing Caleb Martin to a four-year, $32 million deal. To gain the necessary cap space, the Sixers will waive Paul Reed. ESPN’s Adrian Wojnarowski was the first to report the signing and Reed being waived. The final year of Martin’s deal is a player option, per Michael Scotto of HoopsHype.

In Martin, the Sixers get a battle-tested and versatile wing. He averaged a career-best 10.0 point per game last season, though the volatility with Miami’s roster likely contributed to a drop in efficiency. He shot just 43.1% from the field and 34.9% from deep, his lowest marks since 2020-21.

Though Martin has consistently raised his level of play in the postseason. His best stretch might’ve occurred during the Heat’s surprising run to the Finals in 2023. He averaged 12.7 points per game that postseason on 65.7% true shooting. He saved his best performances for the Eastern Conference Finals, where he averaged 19.3 points in seven games against the Boston Celtics. Across 28 playoff games the past two seasons, Martin has averaged 12.5 points per game on 51.8/42.6/85.0 shooting splits.

Aside from the offense, Martin is a super versatile defender. At 6-foot-5 and with a 6-foot-10 wingspan, he’s capable of guarding one through four. That could be key for the Sixers as the roster currently lacks any real players that fit the four position. Martin is plenty capable of scaling up. With Martin, Paul George and Kelly Oubre, Jr., the Sixers’ potential starting group features a switchable and talented defensive trio of wings.

As simplistic as it sounds, Martin is able to dribble, pass, shoot and defend. Oftentimes it’s felt like the Sixers had so many players who were specialists of some kind. Martin offers plenty of versatility in a sport that’s becoming increasingly positionless.

Martin, who went to NC State before transferring to Nevada, is now 28 years old. He spent his first two seasons with the Charlotte Hornets before spending the last three in Miami. His twin brother, Cody, is currently with the Hornets.

For the Sixers and Reed, it’s surely a little bittersweet. The big man from DePaul was a draft success story for the team. Reed was the third-to-last pick in the 2020 NBA Draft, signed a two-way deal with the Sixers and went on to win the G League Rookie of the Year and MVP. After a successful postseason run in 2023, Reed signed an offer sheet with the Utah Jazz that the Sixers matched. After a difficult season in 2023-24, a clause in the contract that was meant to hurt the Sixers actually helped them. With the team failing to make the second round, Reed’s $7.7 million cap hit became non-guaranteed.

All the Sixers’ reported moves, including their agreement with Paul George, can become official starting at 12:01 p.m. Saturday. With Martin, the team will have nine players either officially under contract or agreed to terms. Second-round pick Adem Bona would make 10. Expect a bunch of minimum deals to come shortly.

Report: ‘Jimmy Butler plans to be back with the Miami Heat’ even if no extension this offseason report,jimmy,butler,plans,to,be,back,with,the,miami,heat,even,if,no,extension,this,offseason,liberty,ballers,front-page,nba-trade-rumors,76ers-free-agency-rumors-news


It appears the options are flying off the board for the Sixers in a hurry.

Former Sixer Jimmy Butler will reportedly not seek a trade this offseason despite not yet coming to an agreement on a max extension with the Miami Heat. ESPN NBA insider Brian Windhorst discussed Butler’s situation on The Pat McAfee show Wednesday.

As Windy notes, Butler has a player option for the 2025-26 season, so he will be in a similar spot to James Harden last summer and Paul George right now. If he leads Miami on another deep playoff run, he could very well still cash in another big payday at age 35.

It’s also been reported that All-Star Bam Adebayo is planning to sign a three-year maximum extension with the Heat, locking in Butler’s primary running mate.

Butler never totally seemed like a realistic option, but with more clarity there, along with the increasing likelihood George doesn’t leave the West Coast, the options are getting slimmer for the Sixers.

The Sixers’ top trade candidate after the Knicks acquired Mikal Bridges from the Nets Tuesday night is likely the Pelicans’ Brandon Ingram. Several reports have mentioned New Orleans shopping the one-time All-Star and he has been linked to the Sixers. Beyond that, it feels like the Jazz’s Lauri Markkanen is a pipe dream — though there was no real sense Bridges would get moved either.

In free agency, it seems like OG Anunoby could still be in play despite reports suggesting that the Knicks would like to keep him, even after the Bridges trade. The Sixers have also been linked to the Nuggets’ Kentavious Caldwell-Pope. Could Daryl Morey look to add Anunoby and KCP to give head coach Nick Nurse elite tools for his defensive schemes?

The are still lots of possibilities for the Sixers ahead of the NBA draft and the start of free agency, but it appears a Jimmy Butler reunion is not one of them.