Bryan Colangelo talked about the Philadelphia 76ers' offseason plans as they attempt to put a competitive team on the floor.

The 76ers have substantial cap space but they could struggle to sign a free agent of note as they are perceived as a team still in the midst of a severe rebuild.

A short-term contract to a free agent could make the 76ers more competitive while not compromising their long-term flexibility.

"We may be a year or two years away from having a strong enough story to sell — a key or significant free agent," said Colangelo. "It might be that we're just a little bit young in the process. We are taking the steps necessary to establish a winning culture, a winning desire to express that not only in our actions in terms of trades and draft selections and other things that we do, but we need to show it on the court as well.

"What may be a lot of flexibility this year may be put to use on what I would call 'shorter term deals' or 'placeholder deals' that put us in a more competitive situation so that we can really turn the corner in free agency and subsequent seasons with two things: with a better story with a lot of flexibility."