SALT LAKE CITY - Jerryd Bayless is in, Ish Smith is out.
The 76ers went into free agency looking to add a point guard. They got one on the first day. Bayless joined the team Friday, agreeing to a three-year, $27 million deal according to league sources.
The Sixers can't comment on the deal until it becomes official. Players cannot sign free-agent contracts until July 7.
The team also added former Sixers head coach Jim O'Brien as associate head coach. The team was still working on the detail of his contract on Friday. O'Brien was coach Brett Brown's choice of the candidates.
Bayless is a solid acquisition, as the eight-year veteran can play both guard positions. The Sixers, however, lost Smith, one of the team's favorite players shortly after the free-agency period began at 12 a.m. Friday.
Smith agreed to a three-year, $18 million deal with the Detroit Pistons. He will backup Pistons point guard Reggie Jackson. The Sixers wanted him to be their backup point guard.
Meanwhile, the Sixers had several conversations with Oklahoma City restricted free agent Dion Waiters and also reportedly expressed interest in Jamal Crawford and Portland Trail Blazers restricted free agent Allen Crabbe.
The team will most likely strike out on their primary targets in free agency _ DeMar DeRozan and Golden State Warriors restricted free agent Harrison Barnes. DeRozan agreed to a five-year, $139 million contract Friday to remain with the Toronto Raptors. The Warriors intend to match any offer that Barnes receives from a team, now that it appears Kevin Durant will return to Oklahoma City.
But the Sixers fill a need with the acquisition of Bayless, who is reuniting with Sixers president Bryan Colangelo.
He played for the Toronto Raptors during the 2010-11 and 2011-12 seasons when Colangelo was president and general manager.
Bayless, 27, averaged 10.4 points, 3.1 assists, 2.7 rebounds and 28 minutes this past season with the Milwaukee Bucks.
The Sixers will be his eighth NBA stop after being the 11th overall pick out of Arizona in the 2008 draft.
His best season came with the Raptors in the strike-shortened 2011-12 campaign. He averaged a career-best 11.4 points to go with 3.8 assists while shooting 42.3 percent. Bayless started 11 of 31 games played.