Joel Embiid Scores $192.9M Deal; Sixers Bet Big on Future Wins

Joel Embiid Scores $192.9M Deal; Sixers Bet Big on Future Wins

4 minute read
Published: 9/20/2024

Joel Embiid has officially inked a jaw-dropping $192.9 million extension with the Philadelphia 76ers, proving that staying in one city can pay off—at least when you're shattering scoring records and bank accounts alike.

With this eye-popping extension, Embiid is set to rake in around $51.4 million in 2024-25 and an astonishing $55.2 million in 2025-26, all while trying to guide the 76ers to their first conference finals appearance since 2001. His two-way play and commitment to Philadelphia have not just earned him an MVP title but also solidified his place in the hearts—and wallets—of Sixers fans, proving that the only thing sweeter than a playoff run is the sound of money being piled up like rebounds.

The three-year extension, which runs through the 2028-29 season, also features a player option. So, should Embiid reach the pinnacle of basketball riches, he'll also have an escape route if the team decides to morph into the next 'Process'-themed reality series. This deal is already circling the same air as some of the most lucrative contracts in NBA history, making Embiid's total career earnings balloon to approximately $514.8 million. At this rate, he might just purchase Philadelphia and rename it "Embiidadelphia."

Last season, Embiid showcased his prowess, averaging a staggering 34.7 points, 11.0 rebounds, and 5.6 assists per game. Those numbers don't just scream 'superstar'; they shout it with a foghorn during rush hour. Unsurprisingly, the 76ers excelled when he was on the court, going 31-8 with him in the lineup, while they struggled, posting a 16-27 record without him. The universe seems to have a strange affinity for Embiid’s presence; perhaps he's a talisman of sorts for the team, or maybe the fans just need him for hope.

Despite battling injuries that would make even the toughest competitor reconsider their career in sports, Embiid's impact was undeniable. He led the charge for the Sixers during a tumultuous season, earning MVP honors for the 2022-23 season—a title that reflects both his talent and the ability to withstand the rigors of the game. You might have thought having an MVP on your team could be a guarantee to at least sniff the conference finals, but alas, the Sixers haven't seen those heights since 2001. There's probably a fax machine still waiting for that invitation to the big dance.

Embiid’s commitment to Philadelphia is as solid as his on-court performance. He has openly expressed his desire to remain with the 76ers for the duration of his career. In a sports world known for whirlwind trades and players shopping for the next shiny franchise, Embiid's loyalty is akin to finding a parking spot right in front of your destination—rare, and even more comfortable.

Adding to the excitement, the 76ers have bolstered their roster by acquiring Paul George during the offseason, aiming to enhance their playoff pedigree. It's as if they've collectively decided that Embiid should have a partner-in-crime to help him navigate the treacherous waters of postseason basketball. One can only imagine the discussions around the water cooler at the team facility, with George whispering sweet nothings about championships to Embiid—one can dream.

As Josh Harris, the team's owner, put it, 'Embiid has cemented himself as one of the greatest Sixers of all time.' Those are high praises coming from the owner of a franchise that has seen legends like Allen Iverson and Charles Barkley wear the Sixers' colors. Perhaps when you have a player like Embiid, it’s easier to hand out the compliments, even when they aren't being requested—like a relative bringing you unsolicited advice at Thanksgiving dinner.

But, as expected in the basketball universe, every silver lining has a cloud. While Embiid’s stats and accolades glitter like the stars, the shadow of the Sixers' playoff failures looms large. The last time Philadelphia reached the conference finals, it was 2001, and the world was a vastly different place—smartphones were still a novelty, and floppy disks were still in circulation. Those who don the blue, red, and white are hoping that the combination of Embiid's talent, his newfound financial backing, and an upgraded roster can finally crack the code on postseason success.

In a world where stars fluoresce brightly only to fade as quickly as they rise, Embiid remains a constant. His ascension is not merely a gift to NBA fans; it's a showcase of resilience, talent, and a little bit of good luck—along with a consistently full bank account. The Sixers have bet big on this young man's future, and at the moment, all bets point to a very interesting few years ahead. After all, with that kind of cash flow, one hopes he can buy a few more health insurance policies for himself and perhaps, some extra luck for his teammates in the postseason.