Philadelphia 76ers President Billy King announced today that the Sixers have acquired a second round draft pick (60th overall) in the 2005 NBA Draft from the Utah Jazz in exchange for a future second round draft pick.

The Sixers will then convey the 60th overall pick in this year's draft to the Detroit Pistons in order to complete a trade made on Dec. 18, 1997, in which the Sixers acquired Theo Ratliff and Aaron McKie in exchange for Jerry Stackhouse and Eric Montross.

As a result of today's trade, the Sixers retain the 45th overall pick in the second round of the 2005 NBA Draft. Philadelphia currently does not have a first round pick in this year's Draft since that pick was traded to Denver in a three-team deal on Dec. 18, 2003, in which the 76ers acquired Kenny Thomas.