Sixers' Reed agrees to offer sheet with Jazz

The Utah Jazz have signed 76ers restricted free agent Paul Reed Jr. to a three-year, $23 million offer sheet.
The 76ers have until Sunday night to match the offer and retain Reed.
If the 76ers match, it would put them over the luxury tax threshold and give Reed veto power over trades for a year.
Reed emerged as the backup center for the Sixers last season and became a fan favorite.
If Reed's team reaches the conference semifinals in 2023-24, the final two years of his contract become guaranteed.