Embiid has reportedly signed a 4-year supermax agreement with the Sixers.
The great centre for the Sixers reportedly received a supermax deal extension of $196 million.
Breaking: Joel Embiid is finalizing a four-year, $196 million supermax contract extension, sources told @ramonashelburne.
The extension keeps Embiid under contract with the Sixers through the 2026-27 season for a total of $261 million. pic.twitter.com/n91MR6jXjm
— SportsCenter (@SportsCenter) August 17, 2021
The Philadelphia 76ers announced on Tuesday that centre Joel Embiid, an All-Star, has extended his contract. According to Ramona Shelburne of ESPN and Shams Charania of The Athletic, Embiid has signed a four-year, $196 million supermax contract that will keep him with the 76ers through the 2026–2027 campaign.
Embiid was already due to earn $65 million over the course of his current contract’s last two seasons, so the deal guarantees him a total of $261 million.
Embiid tweeted, “There’s no place like Philadelphia!” shortly after the agreement became official. I’m eager to keep working towards a title so I can retire here in the future.
He had a contract that would have expired after the 2022–2023 season, but he was still eligible for a “super max” agreement that would have paid him $191 million from 2023–27. Shelburne claims that Embiid’s 2017 contract did not include any clauses that would have safeguarded the 76ers in the event of a catastrophic injury to Embiid’s feet or lower back in the new supermax agreement.
The 27-year-old Embiid finished second in the NBA MVP voting this season to Nikola Jokic of Denver, which qualified him for the Supermax deal extension. In the Eastern Conference, the Sixers had the best regular-season record under Embiid’s direction. The Sixers were defeated by the Atlanta Hawks in the second round while Doc Rivers was their coach.
The Sixers tweeted a picture of Embiid and team owner Josh Harris holding the deal with the hashtag “@joelembiid isn’t going anywhere.”
Joel is “the definition of elite,” according to Harris, serving as a role model in our community and a true MVP-calibre superstar on the court. His unique combination of abilities, personality, and leadership has changed this club since he was selected in the 2014 NFL draft. We are incredibly appreciative and anticipate seeing him play for the 76ers in the future.
Joel Embiid is getting paid 💰
The star center and the Sixers are finalizing a supermax contract extension, sources told @ramonashelburne pic.twitter.com/Di9NJvM59F
— NBA on ESPN (@ESPNNBA) August 17, 2021
He tore cartilage in his right knee during the playoffs, but he continued to play despite the pain, and at moments in the post, he was unstoppable. He defeated Washington in Game 3 of the first round with 36 points in just 28 minutes of play. He followed that up in the East semifinals with 39 points in Game 1 and 40 in Game 2. Philadelphia lost Game 7 at home to the Hawks after Embiid went 11 of 21 and scored 31 points.
In addition to joining Allen Iverson, Charles Barkley, Julius Erving, Moses Malone, Billy Cunningham, Wilt Chamberlain, Hal Greer, and Dolph Schayes as the only Philadelphia players to ever make at least three All-NBA teams, Embiid was chosen for the All-NBA Second Team. This is the third All-NBA honour of his career (he was on the All-NBA Second Team in both 2017-18 and 2018-19).
With a career-high 28.5 points per game, 10.6 rebounds per game, and a shooting percentage of 51.3%, Embiid played in 51 games and finished fourth in the NBA in scoring. In 2020–21, he had 31 double-doubles while helping the Philadelphia 76ers to the best record in the Eastern Conference (49–23).