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Reed will remain with Philadelphia after the 76ers matched his three-year, $23 million offer sheet with the Jazz on Sunday, Adrian Wojnarowski of ESPN reports.

Reed, a restricted free agent, came to terms with the Jazz on the deal on Saturday, but the 76ers didn't take long to match the agreement. The contract also states the Sixers must guarantee the last two years of Reed's deal if they win the opening round of playoffs this season. Reed averaged 4.2 points and 3.8 rebounds as a backup to Joel Embiid last season, and he'll likely fill that role again in 2022-23. However, with the 76ers bringing in seven-footer Mo Bamba on a one-year deal this offseason, it's possible that the undersized Reed exits the rotation in certain matchups when Philadelphia wants a bigger center on the court.

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