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Report: 76ers signing Raul Neto as backup point guard

Charlotte Hornets v Utah Jazz

SALT LAKE CITY, UT - APRIL 01: Raul Neto #25 of the Utah Jazz brings the ball up court against the Charlotte Hornets in a NBA game at Vivint Smart Home Arena on April 01, 2019 in Salt Lake City, Utah. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Gene Sweeney Jr./Getty Images)

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The 76ers are working to secure starting point guard Ben Simmons for the long-term.

But with T.J. McConnell leaving for the Pacers, Philadelphia needed a backup point guard

Enter Raul Neto, whom the Jazz just waived rather than guarantee his $2.15 million salary.

Shams Charania of The Athletic:

Neto will earn $1,737,145 next season – $1,620,564 from Philadelphia, $116,581 from the NBA. One-year minimum contracts for players with more than two years experience are subsidized by the league.

This is a nice signing for the 76ers. Neto is a capable backup point guard – when healthy. But he has played just 40, 41 and 37 games the last three years. Philadelphia needs more depth at the position. Shake Milton, a second-year combo guard, can provide some. The 76ers should probably add another player who can run the point.