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Sources: Joel Embiid, Sixers reach 3-year, $192.9M extension

Related Topics: Joel Embiid

Joel Embiid and the Philadelphia 76ers have agreed to a three-year, $192.9 million maximum contract extension that guarantees the former MVP a total of $299.5 million through the 2028-29 season, sources told ESPN's Ramona Shelburne.

Embiid announced that he and the team had agreed to the extension Friday morning, saying he hopes to remain a Sixer "for the rest of my career."

"Philadelphia is home. I want to be here for the rest of my career," Embiid wrote on Instagram. "I love this community and everything you've given me and my family.