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Report: Tobias Harris re-signing with 76ers for five years, $180M

Toronto Raptors v Philadelphia 76ers - Game Six

PHILADELPHIA, PA - MAY 09: Tobias Harris #33 of the Philadelphia 76ers reacts against the Toronto Raptors in Game Six of the Eastern Conference Semifinals at the Wells Fargo Center on May 9, 2019 in Philadelphia, Pennsylvania. The 76ers defeated the Raptors 112-101. 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 Mitchell Leff/Getty Images)

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The 76ers traded a haul to get Tobias Harris on an expiring contract.

They couldn’t let him leave now.

Shams Charania of The Athletic:

This isn’t quite Harris’ max ($189,903,600 over five years). But it’s more than his max with another team ($140,790,600 over four years).

Harris is a talented offensive player, and he’s just 26. This deal should age well.

Some of his creation ability went to waste on a team with Joel Embiid, Ben Simmons and Jimmy Butler. But Harris’ shooting ability helped him blend.

And Philadelphia might not keep Butler. He remains an unrestricted free agent. With Harris already in the fold, the 76ers have more leverage now with Butler. They won’t be as desperate to keep the unsigned wing.

The 76ers can hold Harris at $22,200,000 against the cap then exceed the cap to re-sign him. They could re-sign Butler. Or they could open $37,505,179 in cap space to use on someone else. Al Horford, perhaps?

That money could also be useful in acquiring someone in a Butler sign-and-trade with the Heat or Rockets.