The Philadelphia 76ers have exercised the 2020-21 third-year contract option for Zhaire Smith. 
Smith has appeared in each of the 76ers’ four preseason games this month, most recently posting seven points in 12 minutes in a win over Detroit. In July, at NBA Summer League 2019, Smith was second on the team with averages of 12.4 points and 1.4 steals per game, while shooting .480 from the field. 
The second-year player saw action in six games (two starts) as a rookie, averaging 6.7 points, 2.2 rebounds and 1.7 assists in 18.5 minutes per game. In the season finale against Chicago on April 10, he posted career highs with 17 points (7-13 FG), four rebounds and five assists in 32 minutes.
Originally selected by Phoenix with the No. 16 overall pick in the 2018 NBA Draft, Smith was acquired by Philadelphia in a draft-night trade.