The news was first reported by Rod Boone of the Charlotte Observer
of the Charlotte Observer. Jackson had one-year $5.25 million left on his contract, but will likely have given up between $2-3 million to become an unrestricted free agent.Adrian Wojnarowksi has reported that Jackson will sign with the Philadelphia 76ers, joining friend and ex-teammate Paul George. Jackson will join Kyle Lowry, another veteran to recently be waived by Charlotte, to provide veteran depth to Philadelphia's backcourt.
ESPN Sources: Veteran guard Reggie Jackson — who agreed on a contract buyout with the Charlotte Hornets — plans to join the Philadelphia 76ers upon clearing waivers. By waiving Jackson, the Hornets open up a 15th roster spot. They could choose to add a free agent, or keep the roster spot open heading into the season to give them increased trade flexibility. Under the new CBA, the Hornets could absorb a player earning under $8 million into their Room Exception in return for future draft capital.
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