What happened: The move came two days after Philadelphia agreed to a two-year, $8 million contract with LeBron James. Terry joined the 76ers on a two-way deal in February before receiving a standard contract April 10.
Why it matters: Caleb Love, who signed a two-way deal in early July, is now the only former Arizona player on Philadelphia's 2026-27 roster. Terry's departure ends a stint spanning 21 regular-season and playoff appearances.
By the numbers: Terry averaged 4.1 points, 1.6 rebounds and 1.6 assists in 14 regular-season games for Philadelphia. He scored 13 points in 39 minutes across seven playoff appearances.
What to watch: Watch whether Terry is claimed on waivers or becomes available to sign with another team.