Embiid and the Philadelphia Sixers have reportedly agreed on a four-year, $196 million contract extension that will take the All-Star center through the 2026-27 season.
Per reports, the deal guarantees Embiid a total of $261 million because he was already set to make $65 million in the final two seasons under the terms of his current deal.
The 27-year-old Embiid was NBA MVP runner-up this season to Denver’s Nikola Jokic and led the Sixers to the best regular-season record in the Eastern Conference. The Sixers lost in the second round to the Atlanta Hawks.
Embiid averaged of 28.5 points and 10.6 rebounds last season and became eligible for the NBA’s super-max extension. Embiid, the No. 3 overall pick of the 2014 draft, played through a tear in his right meniscus during the playoffs.
Since being selected No. 3 overall by the 76ers in the 2014 Draft, Embiid has been nothing short of extremely reliable after some early injury woes. A native of Cameroon, Embiid sat out his first two seasons with injuries and has never played more than 64 games in a season over his career. He missed games this year with a bone bruise on his left knee.
The offseason overall has been marked by several All-Star and key players agreeing to extensions with their existing teams. Among the big names to ink deals this offseason are the Golden State Warriors’ Stephen Curry (reported $215 million deal), the Dallas Mavericks’ Luka Doncic ($207 million), the Atlanta Hawks’ Trae Young ($207 million), the Brooklyn Nets’ Kevin Durant ($198 million), the Miami Heat’s Jimmy Butler ($184 million), the Oklahoma City Thunder’s Shai Gilgeous-Alexander ($172 million), the New York Knicks’ Julius Randle ($117 million) and the Boston Celtics’ Marcus Smart ($77 million).