Sixers, Joel Embiid agree on four-year supermax extension

Joel Embiid is one of the NBA’s most valuable players and will be getting payed like one moving forward.

The Philadephia 76ers have inked the superstar big man to a lucrative four-year, $196 million supermax contract extension. The deal will go into effect once his current five-year, $148 million pact expires following the 2022/23 NBA season.

According to NBA insider Bobby Marks, his new deal will breakdown as follows: $43.73 million during 2023/24 season, $47.23 million during the 2024/25 season, $50.72 million during the 2025/26 season, and $54.22 million assuming he picks up his player option prior to the 2026/27 campaign.

The 27-year old, who was selected 3rd overall in the 2014 NBA Draft, has averaged 24.8 points, 11.3 rebounds and 3.1 assists over a span of five seasons.