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Gerald Henderson signs with Philadelphia 76ers

Former Portland Trail Blazer Gerald Henderson has inked a two-year deal with the Philadelphia 76ers, according to Chris Haynes at Cleveland.com.

The contract is worth $18 million, according to Haynes.

Free agent guard Gerald Henderson reaches agreement with Sixers on two-year, $18 million pact, league sources inform @clevelanddotcom.

— Chris Haynes (@ChrisBHaynes) July 5, 2016

As of July 4, the Blazers were still one of 7-8 teams interested in Henderson's services. With the signing of Evan Turner, however, Henderson was likely a redundancy on the roster.