The Sixers have officially re-signed veteran guard Eric Gordon, according to team press release. It’s a one-year, veteran’s minimum deal worth $3.6MM, Sixers beat reporter Derek Bodner tweets.
Gordon declined his $3.47MM option in order to become a free agent but there was reported interest in a reunion and it has come to fruition.
Turning down that option and re-signing on a one-year, minimum-salary deal is a win-win for Gordon and the Sixers. He’ll earn a slightly higher minimum salary ($3.63MM) by inking a new contract, and because the deal just covers one year, the NBA will reimburse the team for a portion of that salary, meaning Philadelphia’s cap hit will be just $2.3MM.
Gordon, who turns 37 on Christmas Day, is coming off an injury-marred season. He posted career-low averages of 6.8 points and 19.7 minutes per game, though he shot it well from three-point land (40.9%). He only appeared in 39 games before undergoing season-ending arthroscopic right wrist surgery on Feb. 26.
Gordon has appeared in 925 regular season games during his career, which began in 2008 with the Clippers. He’s averaged 15.3 points during his career and never averaged fewer than 11 points per game until this past season.
Minimum-salary contracts are among the types of deals that can be officially completed during the July moratorium, which is why the 76ers were able to formally announce Gordon’s new contract.