NBA: Joel Embiid, Sixers agree to 3-year, $192.9 million contract extension

Joel Embiid and the Philadelphia 76ers have agreed to a three-year, $192.9 million maximum contract extension that guarantees the former MVP a total of $299.5 million through the 2028-29 season, sources told ESPN’s Ramona Shelburne.

Embiid announced he and the team had agreed to the extension on Friday morning, saying he hopes to remain a Sixer “for the rest of my career.”

“Philadelphia is my home. I want to be here for the rest of my career,” Embiid wrote on Instagram . “I love this community and everything they’ve given me and my family. There’s so much more work to do. You guys deserve a championship and I believe we’re just getting started!”

Embiid will decline his $59 million player option for the 2026-27 season and sign the new three-year extension. He will earn $69 million in the final year of the new deal.

His career earnings will increase to $514.8 million with the new deal, the fourth-highest in NBA history behind LeBron James , Stephen Curry and Paul George .

Embiid , 30, remains the franchise’s cornerstone, the 2023 NBA MVP who is a five-time All-NBA selection and has proven to be one of the most dominant centers in the sport’s modern history.

He has averaged 27.9 points per game for his career, fourth-most all-time behind Michael Jordan, Wilt Chamberlain and Luka Doncic , according to ESPN Research.