By Eurohoops team/ info@eurohoops.net
Philadelphia 76ers star center Joel Embiid is finalizing a four-year, $196 million supermax contract extension, per 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 already was set to make $65 million over the final two years of his current deal.
Embiid, who represented himself in the negotiations, became eligible for a supermax extension this summer after finishing second in MVP voting and second-team All-NBA with averages of 28.5 points and 10.6 rebounds in 51 regular-season games in 2020-21.
Embiid’s extension will begin in 2023-24 and is based off a projected $124.95 million salary cap for that season.
Embiid, 27, has spent his entire career with the Sixers since being drafted No. 3 overall in 2014, posting career averages of 24.8 points and 11.3 rebounds while leading Philadelphia to the playoffs in each of the last four seasons.
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