The Philadelphia 76ers offered a five-year, $168 million maximum contract extension to point guard Ben Simmons, ESPN's Adrian Wojnarowski reported Tuesday. The team and agent Rich Paul are expected to iron out the details and reach an agreement, according to the report. Simmons, who turns 23 later this month, made his first All-Star team in the 2018-19 season and averaged 16.9 points, 8.8 rebounds, 7.7 assists and 1.4 steals in 79 starts. The 6-foot-10 Australian was the No. 1 overall pick in the 2016 NBA Draft and won NBA Rookie of the Year honors in 2017-18. Meanwhile, the Washington Wizards will sign point guard Ish Smith and trade guard Tomas Satoransky to the Chicago Bulls, according to reports on Monday. Shams Charania of The Athletic said Smith will head to Washington on a two-year, $12 million deal. And ESPN's Adrian Wojnarowski reported the Bulls and Wizards have agreed on a sign-and-trade deal for Satoransky, a restricted free agent who will receive a three-year contract with the Bulls. Sportando, a basketball website based in Italy, reported the contract is worth about $30 million. The Athletic's David Aldridge said the Wizards will receive two future second-round draft picks in exchange and will have protections removed from the 2023 second-round selected they acquired from the Bulls in the deal for Jabari Parker. Smith, who turns 31 on Friday, has spent nine well-traveled seasons in the NBA. He played with nine teams before settling in with the Detroit Pistons, joining them before the 2016-17 season. A Wake Forest product, Smith averaged 9.8 points, 4.5 assists and 2.8 rebounds in 219 games (67 starts) with the Pistons. Satoransky, a 6-foot-7 Czech, played 80 games last season for the Wizards, taking over point guard duties after a season-ending injury to veteran John Wall. He averaged 8.9 points, 5.0 assists and 3.5 rebounds, all career highs. The Wizards' second-round pick in the 2012 NBA Draft, Satoransky didn't make his NBA debut until 2016. In 210 games (87 starts) with the Wizards, the 27-year-old averaged 6.6 points, 3.7 assists and 2.8 rebounds per game. Also the Chicago Bulls reportedly agreed to a three-year, $41 million contract with forward Thaddeus Young on Sunday night. Young, who played the last three seasons for the Indiana Pacers, agreed to the deal after the start of the NBA free agency period. Deals can officially be signed starting July 6. Young tweeted about his new team with shout-outs to general manager Gar Forman, coach Jim Boylen and president of basketball operations John Paxson. "What's up @chicagobulls ? Gar, Jim, and Pax thanks for opportunity to help build culture and get us back on track. Let's work," Young tweeted. Young, 31, averaged 12.6 points and 6.5 rebounds in 81 games for the Pacers. He has career averages of 13.4 points and 6.0 rebounds in 901 games (671 starts) over 12 seasons. Young has averaged in double digits in each of the past 11 campaigns. — Agencies