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Philadelphia 76ers star center Joel Embiid is finalizing a four-year, $ 196 million supermax contract extension, sources told ESPN.
The expansion keeps Embiid under contract with the Sixers until the 2026-2027 season for a total of $ 261 million. The four-time All-Star was already expected to earn $ 65 million in the last two years of his current contract.
Embiid, who represented himself in negotiations, became eligible for a supermax overtime this summer after finishing second in the MVP vote and made the second-team All-NBA with averages of 28.5 points and 10.6 rebounds in 51 regular season games in 2020-21.
This contract is fully guaranteed and includes a player option for the final year, sources said, but does not include the same provisions protecting the Sixers in the event of a catastrophic injury to Embiid’s lower back or feet, such as the a five-year, $ 147.7 million contract he signed. signed in 2017.
Since the 2017-18 season, Embiid has avoided the kind of injuries that blocked the start of his career. The longest streak Embiid has missed in a season have been the 11 games he missed last spring with a bone contusion to his left knee.
He suffered a tear in his right meniscus in this season’s playoffs, but only missed one game and did not need post-season surgery, sources say.
Embiid’s expansion will begin in 2023-24 and is based on a projected salary cap of $ 124.95 million for this season.
Embiid, 27, has spent his entire career with the Sixers since being drafted No.3 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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