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Report: Joel Embiid agrees to 4-year, $196 million supermax extension with 76ers

The Sixers star signed a supermax after becoming eligible this year.

Philadelphia 76ers center Joel Embiid (21) dunks the ball against Atlanta Hawks guard Trae Young (11) during the second quarter of game seven of the second round of the 2021 NBA Playoffs at Wells Fargo Center. Bill Streicher-USA TODAY Sports

Philadelphia 76ers center Joel Embiid is sticking around the City of Brotherly Love for the foreseeable future. Embiid is going to sign a four-year supermax contract extension worth $196 million, per Ramona Shelbourne. Embiid was signed through the 2022-23 season, and now will be signed through the 2026-27 season.

Embiid became eligible for a supermax after finishing second in MVP voting and earning a second-team All-NBA nod this past season. It comes off a season in which he averaged 28.5 points, 10.6 rebounds and 2.8 assists per game, finishing with a second-best in the league PER of 30.32.

The deal is fully guaranteed and ESPN is report it does not include provisions his last deal had protecting the Sixers in case of catastrophic injury to his lower back or feet. Embiid played only 31 games his rookie season due to injuries.

The Sixers finished the 2020-21 season with a 49-23 record that was tops in the Eastern Conference. They beat the Washington Wizards in the first round of the playoffs but were then upset in seven games by the Atlanta Hawks.