Joel Embiid signed a max-level extension with the Philadelphia 76ers on Friday.
Together with the 2 remaining years on Embiid’s present contract and a three-year extension, the complete worth of the five-year settlement is $301 million, based on a number of stories.
The formal contract extension signing was shared by the workforce and Embiid on social media Friday morning. The workforce did not announce the financials, however the deal is price a reported $193 million over three seasons — $64.3 million yearly — and ends the hypothesis Embiid may exit Philadelphia on the finish of his present deal.
Embiid, in a press release issued by the workforce, expressed his gratitude to the followers in addition to the John Harris, the proprietor and managing accomplice, and to David Blitzer, co-managing accomplice.
“I began a Sixer and need to be proper right here for the remainder of my profession. I had no concept after I was drafted as a 20-year-old child from Cameroon how fortunate I used to be to be in Philadelphia,” Embiid mentioned in a press release issued by the workforce. “By all of the ups and downs, this metropolis and the followers have been every thing, and I’m so grateful for a way they’ve embraced me. I need to thank Josh, David, and your complete group. Philadelphia is dwelling and it is time to convey this group an NBA championship.”
The Athletic and Yahoo Sports activities reported Embiid declined his $59 million participant choice for the 2026-27 season in favor of this new $193 million extension, which provides a participant choice for 2028-29.
The 76ers acquired marquee free agent Paul George in July to pair with Embiid and All-Star level guard Tyrese Maxey, who signed a max extension within the offseason.
“Joel has cemented himself as one of many best Sixers of all time and is effectively on his strategy to being among the best gamers to ever play the sport. We’re ecstatic that this extension retains him and his household in Philadelphia for years to come back,” Harris mentioned. “Joel is a good household man, chief, and particular person. He’s an elite two-way participant with a mix of dimension, energy, and athleticism that this league has hardly ever — if ever — seen. He’s integral to this franchise’s quest for an additional NBA Championship, and we’re honored that he continues to decide on this group as his NBA dwelling.”
Embiid, 30, was hobbled by a knee damage final season that restricted him to 39 video games. He averaged 34.7 factors, 11.0 rebounds, and 5.6 assists within the common season. His manufacturing in 2023-24 was nearly peerless throughout NBA historical past. Solely Wilt Chamberlain has averaged not less than 34.0 factors, 11.0 boards, and 5.0 assists over any 39-game span.
Drafted No. 3 general in 2014, Embiid is a five-time All-NBA choice and has been chosen for seven consecutive All-Star groups (2018-2024). The 2022-23 league MVP posted back-to-back seasons because the NBA’s scoring champion starting with 2011-12.
In 433 video games (all begins) with the franchise, Embiid has per-game averages of 27.9 factors, 11.2 rebounds, 3.6 assists and 1.7 blocked pictures.
He ranks first in franchise historical past in points-per-game common and is seventh in complete factors (12,071), which incorporates eight 50-point video games.
–Discipline Stage Media