Sixers Trading Reggie Jackson, First-Round Pick To Wizards For Jared Butler, Four Second-Rounders

The Sixers and Wizards have agreed to a trade, according to Michael Scotto of HoopsHype, who reports (via Twitter) that Washington will acquire a 2026 first-round pick from Philadelphia in exchange for four second-rounders.

A pair of players will also be involved in the deal, per Marc Stein of The Stein Line (Twitter link), with veteran guard Reggie Jackson headed to the Wizards and two-way player Jared Butler going to the 76ers.

According to Stein (Twitter links), the 2026 first-rounder Washington is acquiring will be the least favorable of the Thunder’s, Rockets’, and Clippers’ picks for that year. Houston’s first-rounder is technically top-four protected, though that’s extremely unlikely to affect which pick the Wizards receive.

Philadelphia, meanwhile, will receive second-rounders in 2027 and 2028, along with two in 2030, Stein adds. Here are the exact details on those four second-rounders, per Adam Aaronson of PhillyVoice (Twitter link):

  • Either the Warriors’ or Suns’ 2027 second-round pick (whichever is most favorable).
  • The Warriors’ 2028 second-round pick.
  • The Wizards’ 2030 second-round pick.
  • Either the Suns’ or Trail Blazers’ 2030 second-round pick (whichever is most favorable).

It’s a consolidation trade for the Wizards, who are taking on a little extra salary (Jackson is on a one-year, minimum-salary contract) and dipping into their huge collection of excess second-round picks in order to add a guaranteed first-round selection. Washington will still have 14 second-rounders at its disposal going forward.

As for the Sixers, they’re sacrificing a first-round pick that will likely end up in the 20s — or even at No. 30, if the Thunder are as good next season as they’ve been this year. They’ll also still control their own first-rounder in 2026 (assuming their top-six protected 2025 pick conveys this year) and have now replenished their collection of second-rounders going forward.

On top of that, Philadelphia will create a little extra financial flexibility below the luxury tax line – they’re now $3.5MM below that threshold, according to ESPN’s Bobby Marks (Twitter link) – and will get a chance to take a flier on Butler, who has been solid in a limited role in Washington.

Butler has averaged 6.9 points, 2.6 assists, and 1.3 rebounds in 11.3 minutes per game, with a shooting line of .483/.366/.778, across 32 appearances off the bench this season. The former No. 40 overall pick could be a candidate for a promotion to the Sixers’ standard roster, since he’s nearing his 50-game NBA limit for the season.

Conversely, I wouldn’t expect Jackson to factor into the Wizards’ rest-of-season plans. The veteran guard is averaging just 4.4 PPG and 1.5 APG in 12.4 MPG (31 games) this season, with a .391/.338/.778 shooting line. Josh Robbins of The Athletic confirms (via Twitter) that Jackson will likely be traded or waived by Washington.

Having waived Sidy Cissoko earlier today, Washington has an open spot on its standard roster to take in Jackson. The move will create an open two-way slot for the Wizards.

The Sixers will create another opening on their 15-man roster – they’ll have three once this deal and their KJ Martin trade are official – but will need to cut a two-way player to acquire Butler.

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