After putting forth arguably the best campaign of his 13-year career last season, JJ Redick decided to pack his bags and head to the New Orleans Pelicans as a free agent. This was a significant blow for the Philadelphia 76ers, who apparently were unwilling to match Redick’s projected market value.

In his write-up for SB Nation, Dave Early provides the juicy details on how the Sixers tried to short change Redick prior to his eventual decision to jump ship.

According to a Sixers’ insider the team’s offer to Redick was for “around $20m over three years, with a player option for the third-year.”

On the onset, this does appear to be a pretty hefty deal for a 35-year-old Redick, but it absolutely pales in comparison to the two-year, $26.5 million deal he eventually signed with the Pelicans.

It’s hard to blame the Sixers for taking their shot at Redick, given their current salary cap situation. In truth, this was probably the best offer they could put on the table for the sharp-shooting guard, but as it turns out, it fell way below Redick’s actual valuation.

The Sixers will indeed miss the services of the former Duke standout and his 3.2 three-pointers made per ballgame, but at least they were able to bring in a replacement in the form of Josh Richardson, who arrived in Miami as part of the Jimmy Butler deal.

At the end of the day, this turned out to be somewhat of a win-win situation for both parties, with Redick getting paid the money he deserved, and the Sixers entering the new campaign with a more formidable lineup.