Paul Reed

Age: 24-324d (Jun 14, 1999)
Exp: 4 Years
Country: US
College: DePaul
Drafted: Round 2 (#58 overall), 2020
2024-25 Cap Hit

$7,723,000

2024-25 Cash

$7,723,000

Career Earnings

$19,355,730

2023-2025 Free Agent (CURRENT)

Paul Reed signed a 3 year , $23,555,150 contract with the Philadelphia 76ers, including $7,723,000 guaranteed, and an average annual salary of $7,851,717. In 2024-25, Reed will earn a base salary of $7,723,000, while carrying a cap hit of $7,723,000.

Contract Terms:
3 yr(s) / $23,555,150
Average Salary:
$7,851,717
GTD at Sign:
$7,723,000
Total GTD:
$7,723,000
Signed Using:
Bird Rights
Free Agent:
2026 / UFA
Year Age Option/Status Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Cap Luxury Tax
2023-24 24 $7,723,000 - - $7,723,000 5.68% $7,723,000
2024-25 25 $7,723,000 - - $7,723,000 5.48% $7,723,000
2025-26 26 $8,109,150 - - $8,109,150 5.23% $8,109,150
2026-27 27
UFA
Year Age Status Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2023 24 $7,723,000 $7,723,000 $7,723,000 $7,723,000 $7,851,717
2024 25 $7,723,000 $7,723,000 $15,446,000 $7,723,000 $7,916,075
2025 26 $8,109,150 $8,109,150 $23,555,150 $7,851,717 $8,109,150
Contract Notes
  • 2024-25: non-guaranteed, fully guaranteed if win opening round of 2023-24 playoffs or 1/10/25
  • 2025-26: non-guaranteed, fully guaranteed if win opening round of 2023-24 playoffs  or 1/10/26
Source: Spotrac

2020-2022 rest-of-season

Paul Reed signed a 3 year , $3,909,730 contract with the Philadelphia 76ers, including $3,909,730 guaranteed, and an average annual salary of $1,303,243.

Contract Terms:
3 yr(s) / $3,909,730
Average Salary:
$1,303,243
GTD at Sign:
$609,128
Total GTD:
$3,909,730
Signed Using:
minimum-salary
Free Agent:
2023 / RFA
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2020-2020 two-way

Paul Reed signed a 1 year contract with the Philadelphia 76ers.

Contract Terms:
1 yr(s)
GTD at Sign:
Total GTD:
Signed Using:
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Career Earnings thru 2024

$19,355,730

Career Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2020 21
Active
$609,128
$609,128
2021 22
Active
$1,517,981
$2,127,109
2022 23
Active
$1,782,621
$3,909,730
2023 24
Active
$7,723,000
$11,632,730
2024 25
Active
$7,723,000
$19,355,730
Total      
$19,355,730
$19,355,730
2025 26
Active
$8,109,150
$27,464,880
Total
$27,464,880
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2020
21
$609,128
$609,128
$609,128
2021
22
$1,517,981
$1,517,981
$2,127,109
2022
23
$1,782,621
$1,782,621
$3,909,730
2023
24
$7,723,000
$7,723,000
$11,632,730
2024
25
$7,723,000
$7,723,000
$19,355,730
Total
$19,355,730
$19,355,730
$19,355,730
2025
26
$8,109,150
$8,109,150
$27,464,880
Total
$27,464,880
$27,464,880

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
4 $11,632,730 - - $11,632,730
  • Jul 13, 2023 Signed a 3 year $23.56 million contract with Philadelphia (PHI) matching the Utah (UTA) offer sheet
  • Jul 08, 2023 Signed a 3 year $23 million Offer Sheet contract with Utah (UTA); Philadelphia (PHI) has right to match
  • Jun 28, 2023 Philadelphia (PHI) extended $2.26 million Qualifying Offer; becomes a Restricted Free Agent
  • Oct 14, 2022 Philadelphia (PHI) fully guaranteed $1,782,621 salary for 2022-23
  • Mar 26, 2021 Signed a Rest-of-Season contract with Philadelphia (PHI) - converted Two-Way contract
  • Nov 28, 2020 Signed a two-way contract with Philadelphia (PHI)
  • Nov 18, 2020 Drafted by Philadelphia (PHI): Round 2 (#58 overall)

Fines

Date Reason Fine Amount
Mar 25, 2021 for technical foul during PHI-LAL game $2,000
Apr 25, 2022 for technical foul during PHI-TOR game (playoff) $2,000
Mar 10, 2024 for technical foul during PHI-NYK game $2,000
Year Team GP GS Min/Gm Pt/Gm Reb/Gm Ast/Gm Stl/Gm Blk/Gm FG% 3PT% FT%
2023 PHI 82 24 19.4 7.3 6.0 1.3 0.8 1.0 .540 .368 .718
2022 PHI 69 2 10.9 4.2 3.8 0.4 0.7 0.7 .593 .167 .745
2021 PHI 38 2 7.9 3.1 2.4 0.4 0.9 0.4 .562 .250 .429
2020 PHI 26 6.8 3.4 2.3 0.5 0.4 0.5 .538 .500
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