Joel Embiid contract extension: 76ers give NBA MVP runner-up super-max deal through 2026-27, report says

Embiid's extension is for four years, $196 million

"The Process" can now start a trust fund. Joel Embiid and Philadelphia 76ers have agreed to terms on a four-year, $196 million super max contract extension, per ESPN's Ramona Shelburne. It's the largest contract Philadelphia can offer Embiid at this time, and with two years remaining on his current deal, it now secures the 2020-21 NBA MVP runner-up on the Sixers' roster until 2027. The new deal brings Embiid's earnings to $261 million over the next six seasons, all of which is fully guaranteed, per Shelburne. The final year of his deal does have a player option, by which time he'll be 33 years old and could sign to another lucrative deal if he manages to stay healthy and keep up his MVP-caliber level of play.  The cause for celebration is obvious. The Cameroon native has been the face of the franchise through both a tumultuous rebuild and a rise into the NBA's elite or near-elite ranks. He is coming off a spectacular season where he finally began to hit the 3-pointers he'd so love to hoist previously, making 37.7 percent from beyond the arc while also shooting career-highs on 2-pointers and free throws. He carried the Sixers to a No. 1 seed in the Eastern Conference with his dominant play on both ends of the floor every game, and had it not been for him playing just 51 out of 72 games, he very well could've been named MVP instead of Nikola Jokic.