Philadelphia 76ers’ star center, Joel Embiid, has officially joined the exclusive $500 million club after signing a massive contract extension with the team. This new deal not only cements his status as one of the highest-paid players in NBA history but also underscores his immense value to the franchise.
Embiid’s latest contract extension is a three-year, $193 million maximum deal, which includes a player option for the 2028-29 season. This extension brings his total career earnings to an astounding $515 million, making him the fifth NBA player to surpass the half-billion mark in career earnings. He joins the ranks of LeBron James, Stephen Curry, Kevin Durant, and Paul George.
Since being drafted third overall by the 76ers in 2014, Embiid has faced numerous challenges, including significant injuries that delayed the start of his career. However, his resilience and talent have shone through, earning him multiple All-Star selections, two scoring titles, and the 2023 NBA MVP award.
Last season, Embiid averaged an impressive 34.7 points, 11.0 rebounds, and 5.6 assists per game, despite playing only 39 games due to injury. His presence on the court was a game-changer for the 76ers, who boasted a 31-8 record in the games he played. This performance highlights his critical role in the team’s success and justifies the substantial investment the 76ers have made in him.
While Embiid’s talent is undeniable, his health remains a concern. At 30 years old, with a history of knee issues, the 76ers are betting on his ability to stay healthy and lead the team to their first NBA Championship since 1984. The franchise has shown its commitment to building around Embiid by also securing key players like Paul George and Caleb Martin, and re-signing Tyrese Maxey to a max contract.
