Philadelphia sends Reggie Jackson and a Draft pick to Washington for 4 future second-rounders and Jared Butler.

Reggie Jackson has agreed on a contract buyout with the Charlotte Hornets and plans to sign with the Philadelphia 76ers upon clearing waivers.

Pistons coach Stan Van Gundy acknowledged the Pistons and Timberwolves had discussed a trade involving Reggie Jackson and Ricky Rubio but said he assured Jackson the deal would not happen.