Sixers Sign Dalen Terry To Two-Way Deal

1:52 pm: The Sixers have put out a press release officially confirming Terry’s two-way contract.

12:34 pm: The Sixers will fill the open two-way contract slot on their roster by signing free agent wing Dalen Terry, a source tells Adam Aaronson of PhillyVoice.

Terry reached the open market over the weekend after being traded twice during trade deadline week. The Bulls sent him to New York in exchange for Guerschon Yabusele and cash, and the Knicks flipped him to New Orleans along with a pair of second-round picks and cash in a deal for Jose Alvarado. The Pelicans subsequently waived him on Friday.

Terry, 23, was the 18th overall pick in the 2022 draft, but played a limited role during three-and-a-half seasons with the Bulls, averaging just 3.5 points, 1.7 rebounds, and 1.2 assists in 11.1 minutes per game across 204 total appearances. He would have eligible for restricted free agency this summer if he had finished out his rookie scale contract. Instead, he reached unrestricted free agency a few months early.

Players aren’t eligible to sign two-way contracts if they have four years of NBA service, but because a year of service isn’t credited until June 30, Terry remains two-way eligible for the rest of his fourth season. His deal with Philadelphia will be a rest-of-season contract, lining him up to reach the market again this offseason.

The 76ers recently opened up a two-way slot by promoting Dominick Barlow to their standard roster. Terry will join Jabari Walker and MarJon Beauchamp as the two-way players for a Philadelphia team that has prioritized using those slots on relative veterans rather than first- or second-year players.

Terry will be eligible to be active for up to 18 regular season games for the Sixers, though the team no longer has any “under-15” games remaining. That means Philadelphia will need to maintain a full 15-man roster in order to use Terry and Beauchamp (Walker has already reached his personal 50-game limit).