The Washington Wizards are making significant moves as the NBA trade deadline approaches, agreeing to trade guard Jared Butler and four second-round picks to the Philadelphia 76ers for veteran guard Reggie Jackson and a first-round selection in 2026. This marks the Wizards' third trade of the week as they focus on rebuilding their roster.

In this latest move, Washington will obtain the least favorable of three first-round picks, which will be determined based on the standings of the Houston Rockets, Los Angeles Clippers, or Oklahoma City Thunder in the upcoming season. Butler, who averaged 6.9 points per game in 32 appearances this season, has been a young prospect for the Wizards, while Jackson, with a lesser output of 4.4 points per game over 31 games with the 76ers, brings experience to Washington.