The Sixers have exercised the third-year option on Zhaire Smith‘s rookie contract, a source tells Keith Pompey of The Philadelphia Inquirer (Twitter link). The move ensures that Smith’s $3,204,600 cap hit for the 2020/21 season is now fully guaranteed.
Smith, the 16th overall pick in the 2018 draft, missed most of his rookie season due to health issues but suited up for Philadelphia for six games, averaging 6.7 PPG and 2.2 RPG with a .412/.375/.750 shooting line. He’ll be vying with the likes of James Ennis, Matisse Thybulle, and Furkan Korkmaz for wing minutes off the bench in 2019/20.
With Smith’s third-year option now locked in, the 76ers will have to decide by October 31, 2020 whether to pick up his fourth-year option for the 2021/22 season.
For a breakdown of all of this year’s rookie scale option decisions, be sure to check out our tracker.