NBA Transactions: J.J. Reddick signs with 76ers

J.J. Redick is joining the Philadelphia 76ers on a one-year deal worth $23 million, according to a published report.

Adrian Wojnarowski of ESPN first reported the deal and Redick, 33, confirmed the signing on his Twitter account Saturday, writing “Trust the process” — a reference to the 76ers’ rebuilding slogan.

“It’s where I wanted to be,” Redick told ESPN about the signing.

The veteran sharpshooter was enticed by the prospect of playing with Philadelphia’s young talent and in coach Brett Brown’s system, per Wojnarowski.

Redick recently relocated his home to the East Coast after spending the past four seasons with the Los Angeles Clippers, averaging 15.8 points and shooting 44.0 percent from 3-point range.

The former Duke standout played his first six-plus seasons with the Orlando Magic from 2006-07 to 2012-13 before being traded to the Milwaukee Bucks. He signed as a free agent with the Clippers the following season.

Redick has averaged 11.9 points in 690 games over 11 NBA seasons.

The 76ers are also adding veteran forward Amir Johnson on a one-year, $11 million deal, Wojnarowski reports. Johnson, 30, spent the last two seasons with the Boston Celtics, averaging 6.5 points and 4.6 rebounds in 80 games last season.

Hawks sign first-round pick Collins

The Atlanta Hawks signed rookie forward John Collins on Saturday, the team announced.

Terms of the agreement were not disclosed for Collins, selected 19th overall in last month’s NBA Draft.

The 6-foot-10 Collins nearly tripled his scoring production from his freshman to sophomore seasons, averaging 19.2 points for Wake Forest during the 2016-17 campaign.

Collins earned All-ACC First Team honors and was voted the conference’s most improved player after averaging only 7.3 points as a freshman.

He averaged 9.8 rebounds and 1.6 blocked shots last season in leading the Demon Deacons to their first NCAA Tournament appearance since 2010.

The 218-pound Collins led the ACC in field-goal percentage at 62.2 percent and also topped the conference with 10 games of at least 20 points and 10 rebounds.

Nene’s deal with Rockets nullified by NBA age rule

The Houston Rockets were forced to pull back an accepted four-year, $15- million deal to free agent center Nene due to the NBA’s age rule.

Nene, who turns 35 in September before next season starts, is “back at square 1” in free agency, a source told ESPN’s Marc J. Spears on Saturday.

The “over-38 rule” in the collective bargaining agreement would have extended Nene’s deal past his 38th birthday in the fourth season.

Nene and the Rockets agreed to the deal Friday night, but they were not permitted to offer a four-year contract because of the age rule.

The Rockets have countered with a three-year, $10-million offer to Nene that he has not accepted, according to ESPN.

Nene plans to talk to other NBA teams during free agency that opened Saturday.

The Rockets still hope to work out a deal and re-sign Nene to play alongside All-Stars James Harden and newcomer Chris Paul.

The 6-foot-11, 250-pound Nene averaged 9.1 points and 4.2 rebounds in 67 games (eight starts) as a reserve in his first season with the Rockets last season.

The 15-year veteran from Brazil sustained a season-ending tear in a muscle in his left thigh during Game 4 of the Western Conference finals against the San Antonio Spurs in May.

Meanwhile, the Cleveland Cavaliers are close to a deal to trade guard Iman Shumpert to the Rockets, according to ESPN’s Adrian Wojnarowski.

In exchange, Cleveland is expected to recoup a future draft pick and a trade exception.

Cavaliers, Rockets discussing Shumpert trade

The Cleveland Cavaliers are discussing a deal to send guard Iman Shumpert to the Houston Rockets.

Shumpert would be moved to the Rockets for primarily a package of nonguaranteed contracts, ESPN’s Adrian Wojnarowski reported Saturday. The trade would allow Cleveland to create financial flexibility to pursue other roster upgrades.

Shumpert, 27, has two years and $21.3 million left on his contract, with his second year being a player option he has refused to waive in Cleveland’s trade discussions with other teams.

Shumpert averaged 7.5 points, 2.9 rebounds and 1.4 assists while playing a career-high 76 regular-season games for the Cavs last season.

It would be the second time the shooting guard has been traded as the New York Knicks dealt Shumpert to the Cavs during the 2014-15 season.

Shumpert played for Rockets coach Mike D’Antoni while with the Knicks.

By trading Shumpert, the committed salaries in Cleveland would drop from $125 million to $115 million, according to ESPN. The Cavs’ salaries would drop to $115 million guaranteed, $4 million below the luxury tax and save the team $17.1 million in potential taxes.