Joel Embiid is staying put in Philadelphia for the foreseeable future. Embiid and the Sixers have agreed upon a $193 million dollar extension over three years on top of his current deal. Embiid shared the news Friday morning on Instagram. The team made it official shortly after.
This three-year extension will add on to Embiid’s current contract with two years left. Below is the breakdown, year-by-year:
2024-25: $51.4M
2025-26: $55.2M
2026-27: $59.5M
2027-28: $64.3M
2028-29: $69.1M (player option)
Talk about some big numbers. Sheesh.
This move was always a no-brainer for the Sixers, as Embiid has been loyal and patient throughout several front office regimes and team changes.