Superstar center Joel Embiid has agreed to a three-year, maximum-salary contract extension with the Sixers, according to Shams Charania of The Athletic (Twitter link), who reports that the new deal, which begins in 2026/27, will include a player option on the final year.
The deal is official, per an announcement from the team.
“Philadelphia is home,” Embiid wrote in an Instagram post announcing the agreement. “I want to be here for the rest of my career. I love this community and everything you’ve given me and my family. There is a lot more work to do. You guys deserve a championship and I think we’re just getting started!”
“Joel has cemented himself as one of the greatest Sixers of all time and is well on his way to being one of the best players to ever play the game. We’re ecstatic that this extension keeps him and his family in Philadelphia for years to come,” team owner Josh Harris said in a statement of his own. “Joel is a great family man, leader, and person. He is an elite two-way player with a combination of size, strength, and athleticism that this league has rarely – if ever – seen. He is integral to this franchise’s quest for another NBA Championship, and we are honored that he continues to choose this organization as his NBA home.”
Based on current salary cap projections, Embiid’s three-year extension will be worth approximately $192.9MM. He’ll make a projected $59.5MM in 2026/27 and $64.3MM in ’27/28, with a $69.1MM player option for ’28/29. Those figures count on the cap increasing by the maximum allowable 10% in each of the next two seasons.
Taking into account the two years and $106.6MM left on Embiid’s current contract, he’s now on track to earn just shy of $300MM over the next five seasons. The big man’s previous deal included a player option for the ’26/27 season, but it’ll be replaced by the new contract.
After being plagued by foot issues that cost him two full seasons at the start of his NBA career, Embiid has become one of the league’s most dominant players, earning All-Star nods in each of the past seven years and All-NBA spots in five of those seasons.
The former No. 3 overall pick holds career averages of 27.9 points, 11.2 rebounds, 3.6 assists, and 1.7 blocks in 31.9 minutes per game across 433 outings (all starts) and finished in the top two of three consecutive MVP votes from 2021-23, winning the award in ’23.
Embiid appeared headed for another MVP-caliber season in 2023/24 before a knee injury sidelined him for most of the second half and limited him to 39 games. The 30-year-old averaged a career-high 34.7 points per game with an elite .529/.388/.883 shooting line when healthy, then won an Olympic gold medal in Paris with Team USA this summer.
Embiid’s new deal makes him the fifth member of the NBA’s $500MM+ club, according to Bobby Marks of ESPN, who notes (via Twitter) that the Sixers star trails only LeBron James, Stephen Curry, and teammate Paul George in career earnings, based on their past and current contracts. Kevin Durant is the fifth player whose career salaries will exceed $500MM by the end of his current deal.
Embiid’s extension caps a huge offseason of spending for the 76ers, who also signed Tyrese Maxey to a five-year, $203.8MM contract and George to a four-year, $211.6MM deal in free agency. In total, Philadelphia’s three stars are owed approximately $715MM.
“I think we’re just getting started” lol embiid never fails with these quotes
The other part is the happen so often with him I can’t give him the benefit of the doubt. He really seems like someone who is seriously lacking in self awareness.
English please
Hater just a lil.
Morey will bail before the end of that contract like he did in Houston. He is painting himself in a corner with this and PG’s contacts.
Nonsense
Definitely not the Brunson of his team. No discount at all.
Just like Embiid, Brunson took the max he could’ve signed for this off season as well.
There were other factors that led to him leaving the Rockets.
Morey should not be allowed to have NBA jobs, he is too stupid for his occupation and always has been.
George ended up in Philly.
Salary management: Embiid, George, Maxey
How much can they spend on bench?
I like their bench and nurse is the perfect coach to manage it.
overpay
Big Man like Embiid should be able to play 30 games in 28-29 season
Age 35, Embiid makes 69 million a year
You can project anything. Tell me the projected cap 28-29
“Joel has cemented himself as one of the greatest Sixers of all time and is well on his way to being one of the best players to ever play the game ……..”
Josh Harris must’ve forgotten that Embiid has yet to reach a conference final.
Harden-Westbrook-Embiid = the tier of so-called “superstars” who are really just ball hogs who dont make finals or make their teammates better.
Davey J curry puts up 35 shots in his sleep. Go away.
This is his last big contract, with his age and injury history, he will not be warranting this amount of money 4 years from now
He won’t be warranting it 2 years from now.
Brabo the bot.
What percentage of games will he play over the life of the extension? What percentage of games has he played in his career?
Considering the amount of games JoJo has missed, it’s amazing how dominant he is !
Has embiid gotten the sixers a no. 1 seed in the historically weaker East? I know they haven’t made it out of the second round with embiid… to me dominating includes winning deep into the playoffs. What percentage of games will he play over the life of the extension? Will his current coach still be there after the extension is over?
The guy has played 54% of available regular season games during his career. I’m sure we’ll hear how banged up Joel is just before the playoffs. Always got his excuse in hand.
Yes he routinely dominates the injury report
If he doesn’t win it this year, he’ll never win it. It’s shaping up to a ‘title or bust’ year for for his career. He went from Ben Simmons who didn’t want to shoot, to Fat Harden who didn’t show up in May, to PG13 who might be the most scrutinized playoff “superstar” of his generation. It’s time for Embiid to perform in April-June without using anymore excuses.
Not all NBA greats get fed with titles and he might be one of them.
He’s not a great he is a ball hog who fails at playing a team game. Only makes himself look good, does nothing to make his teammates better, like Steph does.
This article was about Embiid, not Steph.
Glazing is real these days.
2 time scoring champion MVP 7 time all star etc etc etc a bust at age 30. Dismissed
Embiid is one of the most overrated players of all time. Like Harden and Westbrook, all 3 play a “me first” style of play that will simply never win you a title in this league. If Curry played like they did, he would avg 50 PPG but have no rings.
Warriors still 500
All of the hate on a HOF player that might play his entire career with just 1 nba team is insane.
Envy my friend.
He plays 47 games of that contract or less….
Your mixing him up with Simmons, he might play that many games per year on the extension tho. At least when he does play he produces.
Bitter PG is in Philly with the MVP
Soccer has always had crazy high salaries lol, roll around on the ground some more. None of that money is for making the right play in the 4th. Hey Joel, here comes the double….oops, just found the crowd again.
And Davey J turning every thread into a Steph love ballad doesn’t get old. Where is yourself dignity or are you actually really from San Fran and swing that way?
Well deserved!
Embiid has earned every single cent of it!
Morey is just looking for a paid vacation at this point…
For now he gets to say “I tried and this was the best I could do”… 2 months into the season when Embiid and PG are in street clothes… Different story…
Giving Joel $60M+ starting in his age 33 season doesn’t seem like it’s going to pan out well for the Sixers. You could see he was slowing by the end of last season, what’s he going to look like three years from now?
The title of this article could just as easily read: “Sixers Decide Not To Break Up Their Team After The Next Two Seasons, And Telegraph It To Their Best Player” Under the current system, that was their only other real option. Like others, I believe that the last 3 seasons of the deal will be a negative to PHI, but that doesn’t mean I wouldn’t have offered this.
Should finally make the finals then…
Basically this will be his last real contract with the Sixers. He is here beyond that I can’t see it being more than 10-15m per at that point. And if they haven’t won anything he probably ends his career elsewhere if he doesn’t retire at the end of this deal.