Joel Embiid Signs Supermax Extension in Philadelphia

Joel Embiid has reportedly signed a four-year supermax contract extension with the Philadelphia 76ers worth an estimated $196M, which will run him through the 2026-27 season, with a player option in the final year.

Sources: 76ers star Joel Embiid has agreed to a four-year, $196 million super maximum contract extension. Major extension for the 2021 NBA MVP runner-up.
— Shams Charania (@ShamsCharania) August 17, 2021

According to Bobby Marks, the breakdown is listed out below...

Here is the breakdown on the Joel Embiid supermax extension:

2023/24- $43.73M
2024/25- $47.23M
2025/26- $50.72M
2026/27- $54.22M (Player)

Important to note that this is a projection based on a $124.9M cap in 2023-24.
— Bobby Marks (@BobbyMarks42) August 17, 2021

Embiid missed the first two seasons of his career with injuries after being drafted third overall out of Kansas in 2014. However, with career averages of 24.8 ppg & 11.3 rpg to go with three All-NBA Team selections and three All-NBA Defensive Team nominations, his five seasons as a 76er have been stellar. Last year, Embiid was involved in MVP discussion with averages of 28.5 ppg, 10.6 rpg, 2.8 apg, 1.0 spg, 1.4 bpg while shooting 51.3 FG% & 37.7 3P%, leading Philadelphia to the best regular season record in the East at 49-23.

One particularly interesting note in these contract negotiations is that Embiid represented himself, which is unusual in professional sports these days. Apparently, Joel implicitly trusts the process.