The 76ers and center Joel Embiid have agreed to a three-year, maximum contract extension, per Shams Charania of The Athletic. The team later made the deal official.
“Philadelphia is home,” Embiid wrote in an Instagram post. “I want to be here for the rest of my career. I love this community and everything you’ve given me and my family. There is a lot more work to do. You guys deserve a championship and I think we’re just getting started!”
Sixers owner Josh Harris also had something to say.
“Joel has cemented himself as one of the greatest Sixers of all time and is well on his way to being one of the best players to ever play the game. We’re ecstatic that this extension keeps him and his family in Philadelphia for years to come,” Harris said in a statement. “Joel is a great family man, leader, and person. He is an elite two-way player with a combination of size, strength, and athleticism that this league has rarely – if ever – seen. He is integral to this franchise’s quest for another NBA Championship, and we are honored that he continues to choose this organization as his NBA home.”
Embiid, 30, carries career averages of 27.9 points, 11.2 rebounds, 3.6 assists, and 1.7 blocks. The 76ers have high expectations yet again this season, as Embiid will again be joined by fellow All-Star Tyrese Maxey, as well as new veteran forward Paul George.
Philadelphia also signed veterans Caleb Martin, Andre Drummond, Eric Gordon and Reggie Jackson.
Embiid’s extension will fall in the range of about $193 million, based on salary cap projections.
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