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Joel Embiid Now Eligible for Supermax Extension

Joel Embiid made the All-NBA second team, and that comes with contract ramifications.
Bobby Marks broke it down on Twitter:
Joel Embiid has earned All-NBA and is now super max eligible. The 76ers and Embiid are now allowed to negotiate an extension of four-years and a projected $191M. The extension would begin in 2023-24.
Breakdown:
2023/24- $42.5M
2024/25- $46.0M
2025/26- $49.4M
2026/27- $52.8M— Bobby Marks (@BobbyMarks42) June 16, 2021
Embiid is in the middle of a five-year deal that pays him $148 million. This year he hit the cap around 29 million and the number goes up to 31 million next year and 33 million the following year. The deal expires at the end of the 2022-2023 season, with Embiid being 29 years old.
If they went with the Supermax scenario Marks shares above, it would take Joel to age 33. The short version is that his money would start at 35% of the cap and then increase by eight percent annually. We can’t see into the future and determine what the cap is going to look like, hence the projected number.
The other thing we can’t determine is Joel’s long-term health. He’s dealing with the meniscus thing right now, and the last thing you want is to have a broken down Embiid on the books for a ton of money as he enters his 30s. That’s a calculated risk you have to look at while considering that Embiid is the best player this franchise has seen since the days of Moses Malone and Dr. J.
For some context here, Ben Simmons is on a max deal that carries him to the end of 2024-2025 season. Tobias Harris is in year two of that 5 yr/$180 million. Danny Green’s $15m comes off the books after this postseason and Seth Curry is locked in at eight million for two more seasons.
Kevin has been writing about Philadelphia sports since 2009. He spent seven years in the CBS 3 sports department and started with the Union during the team's 2010 inaugural season. He went to the academic powerhouses of Boyertown High School and West Virginia University. email - k.kinkead@sportradar.com