J.J. Redick Signs One-Year Deal With Sixers

j.j. redick verticalJULY 8, 6:55pm: Redick’s signing is official, according to an email from the Sixers.

JULY 1, 3:11pm: The Sixers and veteran sharpshooter J.J. Redick have reached an agreement on a one-year deal, reports Adrian Wojnarowski of ESPN. While the contract will be a short one, Redick will do well on the annual salary — the deal will be worth $23MM, per Wojnarowski. The Timberwolves and Nets were also reportedly contenders for Redick, and he had expressed interest in joining former Clippers teammate Chris Paul with the Rockets.

Philly was the first team that Redick met with once free agency was underway last night. During ESPN’s live television coverage, Wojnarowski noted that the Sixers wanted to convince Redick to accept a short-term contract, “a one-year deal at a very big number, $20 million-plus, potentially.” It appears the team accomplished its goal, landing one of the best long-range gunners in the league without sacrificing future cap flexibility. Redick’s agent, Greg Lawrence of Wasserman Media Group, and Sixers President of Basketball Operations Bryan Colangelo completed talks on the deal this afternoon, league sources told Woj.

Redick certainly had no shortage of suitors early on, with the Timberwolves one of the more aggressive teams that the guard had interest in joining, per Jon Krawczynski of The Associated Press (Twitter link). The unrestricted free agent was willing to consider a multi-year offer from Minnesota for less than the one-year pact he agreed to with Philly, but that notion didn’t gain traction with the Wolves, Darren Wolfson of 1500 ESPN tweets.

It’s worth noting that this agreement was locked down just after Andre Iguodala canceled his meeting with the Sixers. There is certainly a possibility that Philadelphia upped its offer to Redick after being spurned by Iggy, so that the franchise could secure at least one of its top veteran targets this summer. The team still has approximately $27MM in available cap space to pursue other free agents, notes Zach Lowe of ESPN (Twitter link).

The 33-year-old was originally selected with the No. 11 overall pick in the 2006 NBA Draft by the Magic. His career numbers are 11.9 points, 1.9 rebounds and 1.8 assists through 690 regular season contests. His shooting numbers are a stellar .447/.415/.888. Last season he appeared in 78 contests for the Clippers, averaging 15.0 points and connecting on 44.5% of his shots from beyond the arc.

Photo courtesy of USA Today Sports Images.

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