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How P.J. Washington’s situation with Charlotte reflects the franchise’s unsettled standing

It’s always interesting when a signing or two is completed as the entire NBA takes over Las Vegas for Summer League. The basketball feedback loop is present and accounted for, all in real time, and ready to gossip.

Paul Reed’s three-year, $24 million offer sheet from the Utah Jazz, quickly matched by the Philadelphia 76ers, drew rave reviews for general manager Justin Zanik and the Jazz front office. Utah’s efforts proved fruitless, but the nontraditional triggers in Reed’s contract — requiring the second and third seasons of the deal to become fully guaranteed if his team reaches the second round of the playoffs — were wonky details the league’s cap nerds surely enjoyed.