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Sixers’ James Harden expected to sign ‘shorter-term’ extension, report says

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Harden reportedly expected to sign a “short-term” extension with the Sixers. originally appeared on NBC Sports Philadelphia

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Contingency planning is essential to any good front office in professional sports. As the chaotic nights unfold, it’s important to be prepared for the many possibilities.

From the point of view of the Sixers, James Harden is a big domino. Any message about the future of a 32-year-old boy rightly attracts attention.

Jake Fisher from Bleacher Report reported Thursday that “all signs point to All-Star defenseman James Harden returning to the Philadelphia 76ers on a short-term contract extension.”

Fischer also revealed that Harden is “expected to select his player … but the Sixers’ further financial commitment to him remains to be seen once the legal negotiations period has begun.”

Harden’s option is $47.4 million next season. The deadline for registration is June 29, two days before the official start of free agency.

The decision on Harden’s option isn’t the only factor that will impact the Sixers’ freedom of action, but it certainly matters a lot. As we reviewed hereTeams that add a player via signing and trade, use the mid-tier taxpayer exemption, or use the biannual exemption cannot exceed the luxury tax cap, which is set at around $155 million. For SpotrakThe 66ers active roster cap with Harden executing his option and a team retaining everyone except unrestricted free agents from last season would be $153.4 million.

A “standard” mid-level exemption would be approximately $10.3 million (approximately $4 million more than a taxpayer’s MLE), and a two-year exemption would be approximately $4 million. As such, teams that remain in the shadows should be in a better position to add quality depth to free agency. For example, the Heat spent $7 million as a middle management exemption to sign PJ Tucker, which is a higher salary than last year’s MLE taxpayer of $5.9 million.

Nothing written in ink with Harden. If he signs a short-term extension, the details still matter. But with the NBA Draft a week away and the high-stakes stretch approaching, more clarity about this summer’s big name, the Sixers, is about to emerge.



Source: sports.yahoo.com

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