Not a Friday afternoon news dump, but a Friday morning news dump:

PHILADELPHIA – SEPT. 20, 2024 – Philadelphia 76ers President of Basketball Operations Daryl Morey announced today that the team has signed seven-time NBA All-Star Joel Embiid to a multi-year contract extension. Per team policy, terms of the deal were not released.

“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,” Managing Partner Josh Harris said. “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.”

“I started a Sixer and want to be right here for the rest of my career. I had no idea when I was drafted as a 20-year-old kid from Cameroon how lucky I was to be in Philadelphia,” Embiid said. “Through all the ups and downs, this city and the fans have been everything, and I am so grateful for how they’ve embraced me. I want to thank Josh, David, and the entire organization. Philadelphia is home and it’s time to bring this community an NBA championship.”

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According to reports, it’s three years, $193 million, added to the $106 million remaining on his existing deal. He had two years left at $51 and $55 million, now he’ll get three more that hit around $59, $64, and $69 million. His career earnings at the end of this deal will crest $500 million.

Certainly there will be people who think extending Embiid is a bad idea because of his injury history and whatnot. He will be 32 when the new contract begins and 35 when it ends, but the Sixers are banking on a generational star to bring them a title, and it seemed obvious that they would ride him as far as possible, making him a one-team athlete for the entirety of his career. And you would suspect that if the Sixers finally do win it, maybe this year or next (jinx), then no one will worry too much about what Embiid is earning two years from now. They’ll be riding the wave.