The Sixers and Joel Embiid are nearing an agreement on a 4-year, $196 million supermax extension that will keep him under contract through the 2026-27 season, according to ESPN’s Ramona Shelburne:
Philadelphia 76ers center Joel Embiid is finalizing a four-year, $196 million supermax contract extension, sources told ESPN.— Ramona Shelburne (@ramonashelburne) August 17, 2021
Embiid, who reportedly conducted negotiations himself, is due $65 million over the last two years of his current deal. In addition, he will have made a total of $261 million by the time his newest extension is up.
The contract, set to take effect during the 2023-24 season, is fully-guaranteed and includes a player option on the final year. Embiid, the MVP runner-up, averaged 28.5 points, 10.6 rebounds, and 1.4 blocks per game in 51 appearances this past season while making his fourth-straight All-Star appearance and being named All-NBA second team for the third time in his career.
Joel Embiid missed 11 regular season games due to a bone bruise in his left knee and suffered a torn right meniscus in the first round of the playoffs. Shelburne reported that the injury did not require surgery at season’s end. Here are some highlight reels from last season.