There will be no bidding war for J.J. Redick. Or if there was, it’s over.
The 76ers signed the Nets target Saturday afternoon, giving him a one-year deal for $23 million, Adrian Wojnarowski reports.
JJ Redick has agreed to a one-year, $23 million deal with the 76ers, league sources tell ESPN.— Adrian Wojnarowski (@wojespn) July 1, 2017
JJ Redick on agreement with 76ers: "It's where I wanted to be."— Adrian Wojnarowski (@wojespn) July 1, 2017
Following up on Adrian Wojnarowski report of early Saturday morning that J.J. Redick will have multiple offers, Alex Kennedy suggested at mid-day that there could be a bidding war for the 6’4” shooting specialist.
Redick had told the Clippers he won’t return to L.A. and Kennedy four teams were bidding for his services.
Redick is in a great spot. Has huge offers from young teams (PHI, BKN) and interest from playoff teams (HOU, MIN). https://t.co/COESQHYEu7— Alex Kennedy (@AlexKennedyNBA) July 1, 2017
Bottom line, thought Kennedy, was a bidding war...
No surprise, but it's looking like the bidding war for J.J. Redick's services will be ridiculous. He's going to get a really big payday.— Alex Kennedy (@AlexKennedyNBA) June 30, 2017
Woj said early Saturday that the Nets want to give Redick a two-year deal. He didn’t suggest any numbers, but there have been reports he wants between $16 and $18 million per. Meanwhile, Woj said Philly wants to give him a one-year deal but at $20 million plus, which they did.
No word on what Minnesota or Houston might have offered, but Minnesota’s interest —and cap space— was dependent on whether they succeed in signing Paul Millsap to a big deal.
Paul Millsap has a meeting lined up with the Minnesota Timberwolves today, league sources told Basketball Insiders.— Michael Scotto (@MikeAScotto) July 1, 2017
A big offer to Millsap would just about close off the T-Wolves option for Redick. Redick didn’t wait.
Redick of course has a new $4 million condo in Brooklyn and has worked out at HSS Training Center during the off-season at the invitation of Jeremy Lin.
The Duke product becomes a veteran presence for the 76ers whose starting lineup is likely to include four players between the ages of 19 and 23 and either Robert Covington or Redick.