By Shams Charania, Mike Vorkunov and Jenna West
The Philadelphia 76ers and star middle Joel Embiid agreed to a max extension deal value $193 million, in keeping with league sources. The deal, which features a participant possibility for the 2028-29 season, expands his contract to a complete of 5 years and an general worth of $301 million, the sources mentioned.
Embiid’s contract is the third richest in NBA historical past behind Jayson Tatum (five-year, $314 million contract extension) and Jaylen Brown (five-year, $304 million extension). Tatum and Brown signed their extensions in July.
The Sixers introduced Friday that they signed Embiid to a multiyear extension however didn’t launch the phrases of the deal.
Embiid additionally confirmed the deal in an Instagram submit, together with a photograph of him signing the contract.
“Philadelphia is residence. I need to be right here for the remainder of my profession,” Embiid wrote. “I like this neighborhood and all the things you’ve given me and my household. There may be much more work to do. You guys deserve a championship and I feel we’re simply getting began!”
The extension ties Embiid to the Sixers till he’s 35 if he picks up the participant possibility on the finish of the deal. It is going to guarantee he’s beneath contract via his prime. The extension comes just some months after the Sixers signed Paul George and put collectively the most effective roster Embiid has had with the 76ers.
There may be some threat for the staff. Embiid has been snakebitten by accidents over his profession; Philadelphia may very well be paying max cash to a 35-year-old Embiid in 2028-29. Then once more there are few gamers together with his dimension, agility and expertise, so Embiid may stay an outlier.
Signing him now places off any contract 12 months queasiness down the road, and Embiid will get to lock in a big sum of cash.
Embiid, 30, has spent his total NBA profession with the Sixers, who drafted him at No. 3 in 2014. He missed his first two seasons with Philadelphia after present process surgical procedure to restore a stress fracture in his proper foot days earlier than the NBA Draft. Embiid made his debut in October 2016 and completed third in NBA Rookie of the Yr voting that season. He went on to earn seven straight All-Star alternatives starting within the 2017-18 season.
GO DEEPER
The colourful world of Philadelphia 76ers middle Joel Embiid
In 433 regular-season video games, he’s averaged 27.9 factors and 11.2 rebounds. Embiid led the league in factors per recreation within the 2021-22 season (30.6 factors) and once more in 2022-23 (33.1). He capped off that dominant season by profitable NBA MVP.
Final season, Embiid averaged 34.1 factors per recreation, however he missed 43 video games, which included recovering from surgical procedure to restore the lateral meniscus in his left knee.
Embiid has led the Sixers to seven straight playoff appearances, however the staff has but to succeed in the NBA Finals throughout his tenure. He additionally received a gold medal with Workforce USA at this 12 months’s Paris Olympics.
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(Photograph: Tim Nwachukwu / Getty Photographs)