Joel Embiid signs contract extension with 76ers

76ers star center Joel Embiid was the face of the team this season, and after signing an extension with Philadelphia. Embiid will be the face of the franchise for years to come. 

The 76ers announced today that Embiid and the team had agreed to a multiyear contract extension. According to ESPN, the contract, which Embiid negotiated without an agent and will begin in the 2023-24 season, is a four-year(last season player option) supermax contract worth $196 million. 

“Joel is the definition of elite – a role model in our community and a true MVP-caliber superstar on the court,” said Philadelphia 76ers Managing Partner Josh Harris said in press release from the team. “Since he was drafted in 2014, his rare blend of skills, charisma, and leadership has transformed this franchise. We couldn’t be more grateful and excited to continue watching him in a 76ers uniform.” 

In his fifth season, Embiid, 27, averaged a career-best 28.5 points per game to go along with 10.6 rebounds per contest, which resulted in his fourth-consecutive All-Star Game selection as a starter.

Last season, Embiid was an All-NBA Second Team selection and finished second in the MVP voting, making him eligible for a supermax extension. In addition, Embiid was All-Defensive Second Team.

Going forward, the key for the number three overall pick in the 2014 NBA Draft is health. Over the last four years, Embiid has averaged 57 games a season and has not played more than 64 games in a season.

In the playoffs this season, he battled a torn meniscus, and his last extension with Philadelphia, which he signed in 2017(five-years, $148 million), Embiid had provisions in the contract that protected 76ers from catastrophic injury to his feet or back. This contract does not have those provisions, according to ESPN.

If Embiid can stay healthy, he has a chance to be an all-time great. This season, he was a different player. He seemed to be in better shape and committed to being the best player he can be. Hopefully, after getting another extension, he will keep that same commitment. 

Chiefs’ Reid on Mahomes: ‘We are blessed he’s going to be our quarterback for years to come’

Chiefs QB Patrick Mahomes is a rich man. Kansas City and Mahomes agreed to a contract extension, the team announced on Monday.

According to his agent Leigh Steinberg, it’s a 10-year extension worth $503 Million. He gets $477M in guarantee mechanisms and ability to have outs if guarantee mechanisms aren’t exercised. Mahomes also has a no-trade clause. It is the richest contract in American sports history.

The 2018 league MVP has security, and the Chiefs have their quarterback signed for the next decade and beyond. Maybe Mahomes could have waited and probably got a bigger deal after this season, but you can’t argue with him taking the money now.  

Back in April, Kansas City picked up Mahomes’ fifth-year option, which put him under contract for the next two seasons at $27.6 million. With this extension, Mahomes will be under contract until 2032. 

“I’ve had the privilege of coaching a lot of incredible athletes and special people in my career, and Patrick is without question on that list of players.” Chiefs Head Coach Andy Reid said in a statement. “The best part is he’s still early in his career. He’s a natural leader and always grinding, whether that’s on the field, in the weight room, or watching film; he wants to be the best. He’s a competitor, and his teammates feed off his energy. He makes us all better as an organization, and we are blessed he’s going to be our quarterback for years to come.”

The Super Bowl LIV MVP is the best quarterback in football, and last season, he threw for 4031 yards and 26 touchdowns. More importantly, the 24-year-old Mahomes led the Chiefs to their second Super Bowl victory in franchise history.