What happened: Free agent guard Caleb Love has agreed to a two-way contract with the Philadelphia 76ers, per ESPN's Shams Charania. The deal keeps Love available to move between the 76ers and their G League affiliate during the 2026-27 season.

Why it matters: Two-way contracts give a team cheap, flexible depth without touching the standard roster or the salary cap. For Philadelphia, Love adds another perimeter scoring option to the back of the rotation as the franchise rounds out its offseason roster build ahead of 2026-27.

What to watch: Watch for the 76ers to formalize the signing and clarify how Love fits alongside the guards already on the roster once summer additions settle.