The Sixers have begun contract extension talks with Ben Simmons and his agent Rich Paul, Adrian Wojnarowski of the ESPN.com reports (Twitter link). Sham Charania of The Athletic tweets that the Nuggets have starting discussing an extension with Jamal Murray and his agent, Mike George of One Legacy.
Players from the 2016 draft class who remain on their original rookie deal are eligible to sign extensions this summer. Simmons was the No. 1 overall pick from the draft and Murray was the No. 7 overall selection.
Assuming a projected salary cap of $117MM for the 2020/21 season, the total max value of an extension for either player is approximately $170MM over five seasons.
Each player had arguably had their most successful campaign in 2018/19. Both the Nuggets and Sixers made it to the Game 7 of the second round of the playoffs, each falling in heartbreaking fashion.