Joel Embiid Agrees to Four-Year, $196 Million Extension with Sixers
The Philadelphia 76ers started Tuesday morning with a big splash.
At break of dawn, Twitter became ablaze as numerous sources confirmed that the Sixers and Joel Embiid have agreed to a four-year, $196 million supermax extension which would keep the MVP runner-up in Philly through 2026 at the very least.
The contract contains a 2026-27 player option.
Sources: 76ers star Joel Embiid has agreed to a four-year, $196 million super maximum contract extension. Major extension for the 2021 NBA MVP runner-up.
— Shams Charania (@ShamsCharania) August 17, 2021
The new contract will kick in at the start of the 2023-24 season and is based off the projected $124.95 million salary cap for that year. Embiid is currently playing out his five-year, $147.7 million rookie scale max contract, which had protection clauses in the case of catastrophic lower body injuries. According to reports, Embiid represented himself in negotiations with the Sixers throughout the process.
The 27-year old has been plagued by various injuries during his career, but when he is able to remain on the court, his dominance is unquestionable. Embiid is coming off an All-Star season in which he averaged 28.5 points and 10.6 rebounds per game.
After missing his first two seasons due to injuries, Embiid has yet to play a full NBA year.