Connect with us

Headlines

Sources: Joel Embiid Extension Protects 76ers In Case of Injury

Basketball Insiders

Published

on

Philadelphia 76ers center Joel Embiid’s five-year, $146.5 million maximum extension is essentially guaranteed but protects the franchise financially should Embiid suffer a contractually specific catastrophic injury, league sources told ESPN.

Embiid, 23, signed the rookie-scale max extension Tuesday, with the $146.5 million total for the deal based on the NBA’s new salary cap projections for the 2018-19 season.

For the Sixers to curb the ultimate value of the extension, it would take the triggering of several severe circumstances detailed in a 35-page-plus contract. Embiid’s unique career trajectory — missing his first two NBA seasons with successive foot surgeries and playing only 31 games in the 2016-17 season — created a pathway for Philadelphia general manager Bryan Colangelo; Embiid’s agent, Leon Rose of CAA Sports; and the National Basketball Players Association to work together on creating a complicated and creative contractual agreement. The dramatic impact of Embiid’s brief but dominant debut season left him as the only rookie since Wilt Chamberlain to average at least 28.7 points per 36 minutes played.

Here’s how a perfect storm of calamity would have to unfold for Embiid to earn any less than the full $146.5 million: Across each of the final four seasons of the extension, ending with the 2022-23 season, the 76ers could waive Embiid for a financial benefit if he’s lost because of a contractually agreed-upon injury that causes him to miss 25 or more regular-season games and if he plays less than 1,650 minutes, league sources said.

Specific injuries are laid out in the contract and include only past problem areas with Embiid’s feet and back, sources said. Embiid has to miss 25 or more regular-season games because of injuries in those areas, and play less than 1,650 minutes, for Philadelphia to have the option of releasing him for cost savings.

Source: Adrian Wojnarowski and Bobby Marks of ESPN

Advertisement




Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

Sources: Pacers, Myles Turner Agree to Four-Year Extension

Basketball Insiders

Published

on

Sources on @TheAthleticNBA @WatchStadium: Indiana Pacers center Myles Turner has agreed to a four-year, $80 million contract extension.

Source: Shams Charania on Twitter

Continue Reading

Headlines

Sources: Cavaliers, Larry Nance Jr. Agree to Four-Year Extension

Basketball Insiders

Published

on

Larry Nance has reached a four-year, $45 million extension with Cleveland, league sources tell Yahoo Sports.

Source: Chris Haynes on Twitter

Continue Reading

Headlines

Sources: Clippers, Pelicans Swap Wes Johnson, Alexis Ajinca

Basketball Insiders

Published

on

The Clippers have traded Wes Johnson to the Pelicans for Alexis Ajinca, per league sources. @TheAthleticNBA @WatchStadium

New Orleans is acquiring Clippers forward Wesley Johnson in a trade for center Alexis Ajinca, league sources tell ESPN. Clippers will waive Ajinca and guard Juwan Evans to get to 15 for opening night.

Source: Shams Charania and Adrian Wojnarowski on Twitter

Continue Reading
Advertisement

NBA Team Salaries

Advertisement

Trending Now