Philadelphia 76ers Star Center Joel Embiid It is finalizing a four-year, $196 million Supermax contract extension, sources told ESPN.
The extension keeps Embiid under contract with the Sixers through the 2026-27 season for a total of $261 million. The All-Star, a four-time winner, was already set to make $65 million over the last two years of his current deal.
Embiid, who represented himself in the negotiations, became eligible for a Super Max extension this summer after finishing second in the MVP vote and making the second team in the NBA with an average of 28.5 points and 10.6 rebounds in 51 regular season games in 2020-21.
Sources said this contract is fully guaranteed and includes a player option for the final year, but does not include the same provisions that protect the Sixers in the event of a catastrophic injury to Embiid’s lower back or feet, such as a five-year deal worth $147.7 million. Signed in 2017.
Since the 2017-18 season, Embiid has avoided the kind of injuries that disrupted the start of his career. The longest period of matches Embiid has missed in a season was 11 games he missed last spring with a bone bruise in his left knee.
He suffered a tear in his right meniscus during this season’s playoffs but only missed one game and did not need surgery after the season, according to sources.
Embiid’s extension will begin in 2023-24 and is based on an expected salary cap of $124.95 million for this season.
Embiid, 27, has spent his entire career with the Sixers since being placed third overall in 2014, posting career averages of 24.8 points and 11.3 rebounds while leading Philadelphia to the playoffs in each of the past four seasons.
ESPN’s Adrian Wojnarowski and Bobby Marks contributed to this report.
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