Why passing on Jeremiah Smith could become riskier than drafting him

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Financial Intelligence • Markets • World News • Independent Analysis
Published: 2026-09-08 • Permanent link

Fears are growing among investors that the decision by the Philadelphia 76ers to pass on Jeremiah Smith in the latest NBA draft could prove to be a costly mistake. The 18-year-old small forward was widely regarded as one of the top prospects in the class, boasting a rare combination of size, skill, and athleticism. Despite his impressive credentials, the 76ers opted to select a more conventional shooting guard, sparking widespread criticism from fans and analysts alike.

As the 76ers' decision becomes increasingly unpopular, the market is beginning to feel the effects. Shares in the team's ownership group have fallen by over 10% in the past week, with many investors expressing their disappointment at the team's lack of vision. The move is also having a broader impact on the sports industry, with some analysts warning that the 76ers' decision could set a worrying precedent for other teams. The NBA's competitive balance is already under pressure, and this latest development could exacerbate the issue.

The decision to pass on Smith is not without precedent, however. In the 1980s, the Chicago Bulls infamously drafted Michael Jordan with the third overall pick, only to trade him to the New Jersey Nets a year later. The Bulls' decision has since become infamous in NBA lore, with many regarding it as a turning point in the team's fortunes. While the 76ers' decision may not have the same level of historical significance, it is clear that they are taking a risk by passing on a player of Smith's caliber.

As the 76ers look to navigate the fallout from their decision, they will need to be prepared for a challenging road ahead. The team's fans are already beginning to turn on their front office, with many calling for changes in leadership. The 76ers' ownership group will need to demonstrate a clear plan for the future, both on and off the court, if they are to restore confidence among fans and investors. The clock is ticking, and the 76ers' decision to pass on Jeremiah Smith is fast becoming a defining moment in their recent history.