Philadelphia 76ers: J.J. Redick turned down a substantial hometown discount

The Philadelphia 76ers offered J.J. Redick a three-year extension, according to a new report.

The Philadelphia 76ers have never been afraid to embrace roster turnover, a trend that continued this summer. Both Jimmy Butler and J.J. Redick were ousted, with Al Horford and Josh Richardson filling their spots in the rotation.

Redick’s departure in particular surprised fans. After accumulating the two best seasons of his career in Philadelphia, many expected the veteran sharpshooter to stick around. As soon as free agency opened, though, he accepted a two-year, $26.5 million offer from New Orleans.

It has been widely speculated that Redick and the Sixers simply couldn’t agree to competitive terms on a contract. With Elton Brand shelling out major cap space to satisfy Horford’s demands, the available money for Redick was lacking.

Now, according to one report, we have concrete details on what exactly went down. A source told Liberty Ballers’ Dave Early that Philadelphia proposed a three-year and roughly $20 million contract to Redick. The third year was a player option, but the front office was open about the potential use of the stretch provision.

If we’re to believe Early’s report, there’s not much room for criticism — at least not on Redick’s end. The Pelicans offered almost twice the yearly amount, and Redick’s third year in Philadelphia had a high chance of being stretched — which means stretching the final installment of his $20 million contract to a fifth year, rather than a third year.

There has long been an appreciation for loyalty in sports, but it’s often one-sided. Fans love players who take a discount to stay in one spot, but turn a blind eye when a franchise low-balls a prospective free agent. Redick owed nothing to Philadelphia — the Sixers paid him, and he produced up to his value.

For the past two seasons, Redick has been a transformative force in Brett Brown’s system. His constant off-ball movement and shooting opened up a new chapter in Brown’s playbook, allowing the Sixers to build an offense around DHOs and more unorthodox sets.

The Sixers couldn’t offer Redick more and pay Horford a guaranteed $97 million. That’s fine — it’s how the business works. But there’s no basis for harsh criticism of Redick. Philadelphia’s offer came in well below market value. It is what it is.