The Philadelphia 76ers are acquiring Jared Butler from the Washington Wizards in a deal that sends out Reggie Jackson.

The Sixers sent Milwaukee’s 2027 second-round pick and Dallas’s 2031 pick to Detroit for cash considerations, getting Martin’s contract off the books. The Sixers waived Nance for the second time this season. The forward had played 68 minutes over seven games.

The Washington Wizards have agreed to trade guard Jared Butler and four second-round draft picks to the Philadelphia 76ers for guard Reggie Jackson and a 2026 first-rounder, according to a person with knowledge of the deal.