On the same day the Sixers brought back sharp-shooting guard J.J. Redick, the team officially reached an agreement with another wing, first-round pick Zhaire Smith.
The Sixers have officially signed Zhaire Smith pic.twitter.com/Rk5Rn8dNvk— Liberty Ballers (@Liberty_Ballers) July 2, 2018
Terms have not yet been released, but contracts for first-round picks are generally 120% of slot. Smith will likely make slightly over $14M across the first four years of the deal.
Notably, with Smith officially signing, he cannot be traded for 30 days. If you were looking for cues that the Sixers are still in the hunt for Kawhi Leonard, this would appear to indicate the team may be resigned to that potential trade not coming to fruition. It at least definitively signals the Sixers are not prepared to go all-in for Kawhi. Smith would have been a valuable asset to have on the table in trade negotiations with San Antonio.
Now officially under contract, Sixers fans can get their first look at Smith in a Sixers uniform this Friday in Vegas Summer League.