Joel Embiid Secures Future with 76ers through 2028-29
Joel Embiid, the cornerstone of the Philadelphia 76ers, has solidified his commitment to the franchise by signing a three-year max contract extension worth $193 million. This extension ensures that Embiid remains with the team through the 2028-29 season, concluding when he will be 35 years old.
The contract extension is significant not only for its financial value but also for the strategic flexibility it grants Embiid. The deal includes a player option for the final year, providing the superstar the autonomy to decide his future course. Embiid notably declined a player option worth $59 million for the 2026-27 season, opting instead to secure his future with this new extension. Under the terms of the extension, he will earn an estimated $59.3 million for the 2026-27 season, with his salary escalating to approximately $64.3 million in the 2027-28 season. If Embiid chooses to exercise the player option for the 2028-29 season, valued at around $69.1 million, his total career earnings will surpass the $500 million mark.
Reflecting on his journey and the decision to stay, Embiid expressed his profound connection to the city, saying, "Philadelphia is home. 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!" His gratitude and commitment to Philadelphia were apparent as he added, "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."
Embiid's stats from the previous season underscore his indispensable value to the 76ers. Averaging 34.7 points, 5.6 assists, 11.0 rebounds, 1.7 blocks, and 1.2 steals per game, Embiid showcased his dominance on both ends of the court. His usage rate of 38.7% underscores his pivotal role in the team's offense and overall gameplay.
Over his tenure in Philadelphia, Embiid has accumulated numerous accolades, participating in seven All-Star Games, being selected for five All-NBA teams, and earning spots on three All-Defensive Teams. He recently added a gold medal with Team USA at the Olympics in Paris to his collection, further cementing his status as one of basketball's elite talents.
The 76ers' Managing Partner, Josh Harris, did not mince words about Embiid's significance to the franchise. "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," Harris stated. Emphasizing Embiid's multifaceted contribution, Harris added, "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."
The 76ers have been active this offseason, bolstering their roster significantly. The acquisition of Paul George on a four-year max deal and Tyrese Maxey's five-year max contract further highlights the team's ambition. Collectively, the franchise has committed approximately $715 million in future salaries to Embiid, George, and Maxey. Beyond these marquee signings, the team has also added notable names such as Caleb Martin, Andre Drummond, Eric Gordon, Reggie Jackson, and Guerschon Yabusele. Returning players Kelly Oubre Jr. and Kyle Lowry, along with K.J. Martin, who was re-signed with a contract designed to be a trade asset near the deadline, reinforce the depth and versatility of the squad.
Despite their regular-season success—only surpassed by the Milwaukee Bucks, Boston Celtics, and Denver Nuggets since the 2017-18 season—the 76ers have struggled to advance past the second round of the playoffs. With these significant roster enhancements and Embiid's recommitment, the team aims to break this barrier and deliver a championship to Philadelphia.
Joel Embiid's journey from a 20-year-old draftee from Cameroon to one of the NBA's most dominant figures is a testament to his hard work and dedication. "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," he reflected. "I want to thank Josh, David [Blitzer], and the entire organization. Philadelphia is home and it's time to bring this community an NBA championship."
With Embiid's future secure and a bolstered roster, the Philadelphia 76ers embark on a new chapter, hopeful that the synergy of their star player and new additions will finally culminate in an NBA Championship. The road ahead promises to be exciting for the team and its loyal fanbase.