Paul Reed Signs 3-Year, $23.5 Million Contract with Philadelphia 76ers

Guaranteed Salary and Annual Earnings

Philadelphia 76ers star Paul Reed has inked a lucrative 3-year contract worth a staggering $23,555,150. The deal includes a guaranteed salary of $7,723,000, translating to an average annual salary of $7,851,717. This significant contract boost marks a major milestone in Reed's NBA career.

Financial Impact and Player Ranking

Reed's new contract places him among the top-paid NBA players, ranking 178th this year. Notably, he has climbed the ranks from his previous position as the 195th best-paid player last year. This upward trajectory showcases his impressive performance and growing value within the league.