Caleb Martin insists he’s happy with $32M deal with 76ers after turning down $65M in Miami

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CAMDEN, N.J. – Caleb Martin spurned some huge cash in Miami. Like, lots, lots — tens of millions of {dollars} left on the desk when he rejected the Heat’s new contract provide.

So he took a special deal with the Philadelphia 76ers for an opportunity with a recent begin to chase a championship with Joel Embiid, Tyrese Maxey and Paul George.

Oh, and he signed his contract with no regrets.

So he says.

Martin turned down a deal that may have paid him about $65 million over the subsequent 5 seasons to remain in Miami and as a substitute signed a four-year deal assured for greater than $32 million with the 76ers.

“Just certain things didn’t work,” Martin mentioned Tuesday on the Sixers’ New Jersey complicated. “There was a lot of things behind the scenes that went on. Ultimately, there was a lot in making that decision. There’s a lot that contributed to how everything went. But past is past, can’t do nothing about that. I’m looking forward to being here and being a part of Philly and trying to bring everything I can in order to try and win a championship. That’s my main focus now.”

The 28-year-old Martin averaged 8.5 factors over 5 seasons, together with the final three with the Heat. It was in Miami the place Martin developed a repute of elevating his sport in the playoffs.

He’ll doubtless fill a beginning spot left open in Philly, the place the 76ers have revamped their roster after one other early postseason exit. They spent greater than $400 million to signal George away from the Clippers and maintain Maxey, their homegrown All-Star guard, in the fold for 5 extra years. Team president Daryl Morey additionally signed free brokers Andre Drummond and Eric Gordon and re-signed Kelly Oubre Jr. The win-now strikes for a franchise that hasn’t superior out of the second spherical since 2001 are designed to place them in the hunt with NBA champion Boston and put strain on New York, Indiana and even Milwaukee to no less than stay a risk in the East.

George and the Sixers agreed to a $212 million, four-year free agent contract and Maxey agreed in precept to a $204 million, five-year extension with the staff.

Martin was undrafted popping out of faculty after stints at North Carolina State and Nevada. He entered the NBA with virtually no ensures. He needed to play in the G League. Charlotte let him go after two seasons.

Martin then turned a breakout star of the 2023 playoffs when he pushed the Heat to the NBA Finals.

He might enter 2024 because the beginning energy ahead for a franchise that hasn’t received an NBA title since 1983.

Martin averaged 19.3 factors on 60% taking pictures and scored a playoff-career-high 26 factors on Boston’s dwelling ground in Game 7 of the Eastern Conference finals in 2023. He was stable in the primary two rounds that season towards No. 1 Milwaukee and No. 5 New York, averaging 10.8 factors on almost 53% taking pictures.

It’s one motive the 76ers and Heat each wished him on their rosters, even when the ultimate name to come back to Philly got here at a steep worth for Martin — and a pleasant low cost for the Sixers.

“I mean, you’re always going to wish you can make as much money as you can,” Martin mentioned. “It’s part of the game, it’s part of life. You live and learn. You take risks. Sometimes it works, sometimes it doesn’t.”

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