Restricted free agent forward Paul Reed has signed a three-year, $23 million offer sheet with the Utah Jazz, ESPN's Adrian Wojnarowski reported Saturday.
The Philadelphia 76ers have until the end of Sunday to match the offer and retain Reed.
Reed averaged 4.2 points and 3.8 rebounds in 69 appearances for Philadelphia last season.
After a surprisingly hot start to the 2022-23 campaign, the Jazz missed the playoffs and finished with a 37-45 record.
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