Philadelphia 76ers star center Joel Embiid is finalizing a four-year, $ 196 million supermax contract extension, sources told ESPN.
The extension keeps Embiid under contract with the Sixers through the 2026-27 season for a total of $ 261 million. The four-time All-Star was already scheduled to make $ 65 million during the last two years of his current contract.
Embiid, who represented himself in the negotiations, became eligible for a supermax extension this summer after finishing second in MVP voting and making the All-NBA second team with averages of 28.5 points and 10.6 rebounds on 51. regular season games in 2020-21.
This contract is fully guaranteed and includes a player option for the final year, the sources said, but it does not include the same provisions that protect the Sixers in the event of a catastrophic injury to Embiid’s lower back or feet, such as the $ 147.7 million, five-year deal he signed in 2017.
Since the 2017-18 season, Embiid has avoided the kinds of injuries that plagued the beginning of his career. The longest stretch of games Embiid missed in a season was the 11 games he missed last spring with a bruise to a bone in his left knee.
Embiid suffered a right meniscus tear during this season’s playoffs, but missed only one game and did not need surgery after the season, according to sources.
Embiid’s extension will begin in 2023-24 and is based on a projected salary cap of $ 124.95 million for that season.
Embiid, 27, has spent his entire career with the Sixers since being selected No. 3 overall in the 2014 draft, posting career averages of 24.8 points and 11.3 rebounds, leading Philadelphia to the playoffs in each of the last four seasons.
ESPN’s Adrian Wojnarowski and Bobby Marks contributed to this story.