Philadelphia 76ers President Daryl Morey confirmed a trade agreement with the Washington Wizards, acquiring guard Jared Butler along with four future draft picks. The 76ers will send veteran guard Reggie Jackson and a first-round pick to Washington. To accommodate Butler, they waived center Pete Nance. Butler, a two-way player, averaged seven points and three assists this season. The 76ers also traded Caleb Martin for Quentin Grimes and are looking to enhance their roster further.

More moves could be on the horizon, particularly as the Wizards explore options for Jackson, who may be waived if not traded.