2024 NBA free agency: Report: Kelly Oubre, Jr. to re-sign with Sixers

To think there were people that were actually upset when the Sixers brought in Kelly Oubre, Jr. on a minimum deal.

Now the veteran wing has earned himself a raise. Oubre will re-sign with the Sixers on a two-year, $16.3 million deal with a player option for 2025-26, a source confirms to Liberty Ballers. ESPN’s Adrian Wojnarowski was the first to report the news.

Oubre’s deal will likely fall under the Sixers’ room mid-level exception, meaning it won’t eat into the team’s salary cap space. A our Bryan Toporek laid out, Oubre could be taking less money now to ensure a bigger payday with the Sixers next offseason — similar to what happened with Bobby Portis and the Bucks.

A roller coaster has less twists and turns than the last year for Oubre. After his market dried up last summer, he chose to sign with the Sixers at the veteran’s minimum. He parted ways with agent Torrel Harris and looked to take advantage of his new opportunity in Philly.

And he did just that.

Oubre went from sort of an afterthought signing to an integral cog in the Sixers’ rotation. There were incidents along the way — when Oubre fractured a rib when he was struck by a car back in November or when he totaled his Lamborghini after a playoff game — but he ultimately showed his value to the team. With Joel Embiid out and Tobias Harris struggling, Oubre proved to be the Sixers’ second-best player behind Tyrese Maxey to close the regular season.

The 28-year-old acquitted himself quite well in his first postseason appearance since 2018. He played terrific defense against All-Star guard Jalen Brunson, who probed and prodded himself away from Oubre in all six games of the Sixers-Knicks first-round series. Oubre was also the team’s third-leading scorer against New York behind Embiid and Maxey.

Oubre was open about his desire to start last season. It will be interesting to see where he slides into the rotation when the Sixers finish all their free agency business. Woj specifically referring to Oubre as “the Sixers’ starting two-guard” feels purposeful.

After the Sixers’ Game 6 loss to the Knicks, Oubre gushed over head coach Nick Nurse and his overall time in Philly.

“At the end of the day, I want to go to somewhere where they respect and they love me,” Oubre said at the time. “It’s been nothing but love here, of course. So at the end of the day, I feel as if there’s unfinished business and a lot of things to be done — and a lot of work to get better and to get us back here past this point and this threshold that Sixers fans have been wanting to get past for so long. I feel as if I kind of failed because we didn’t get past that. I’ve got to just reflect, talk to my family, and sit down and work on the next steps here.”

Unfinished business seemed to be a theme with the Sixers. Now, Oubre has a chance to finish what he started to build in Philly.

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