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Sources: Joel Embiid OK's five-year, $148M deal with Sixers

Philadelphia 76ers center Joel Embiid has agreed to a five-year, $148 million designated rookie scale maximum contract extension, league sources told ESPN.

The designated exception -- termed "the super-max" -- allows Embiid to earn a higher percentage of the salary cap -- and potentially millions of dollars more -- if he meets criteria, including, making All-NBA teams or the NBA's Most Valuable Player. If Embiid meets the super-max criteria, he could earn an as much as $178 million on the contract, league sources said.

The 76ers agreed with Joel Embiid on a five-year, $148 million designated rookie scale maximum contract extension, according to league sources. Jesse D. Garrabrant/NBAE via Getty Images
Embiid, one of the NBA's most talented and popular young players, has the ability to earn an additional $30 million if he earns either All-NBA first, second or third team), or named MVP this season. The designated rookie scale extension reflects 30 percent of the 2018-19 salary cap if Embiid reaches the performance based-criteria.

Based on the details of what sources are describing as a complex contract structure, the 76ers would have to waive Embiid for him not to reach the full value of his $148 million extension.

76ers coach Brett Brown, without commenting on the contract's specifics, told media before Monday's preseason game at Boston that Embiid has transformed the 76ers with "his physical presence; he does it with a defensive mindset, and he does it with an offensive target that is different than anything else that we have."

"When he has been able to practice with us, he has changed the gym," Brown said.

The deal represents the Sixers' commitment to Embiid's talent, given that he's been healthy enough to play in only 31 regular-season games since Philadelphia selected him with the No. 3 overall pick in the 2014 NBA draft.

"You don't give up that tag freely -- but he has a chance to be great, he has a chance to be great," Brown said. "There's still a lot of work to be done. You know, when you look at his body of work -- only playing 31 games, and really he's only been playing basketball for six years, and he's 23. He's just scratching the surface."

Embiid, 23, has indeed become among the NBA's most talented and popular young players, and the extension solidifies him as a cornerstone of the franchise's future.

"He does things on a court that remind me of, you know, somebody that's able to hear music and just play the song," Brown said. "You know, he will study Duncan, or study KD, or another player, and all of a sudden it's a part of his game. He's very unique, very unique."

The deal will include some salary-cap protection for the 76ers should Embiid suffer injury that causes him to miss significant playing time, league sources said.

The $25.3 million salary for Embiid in 2018-19 will rank third among NBA centers, trailing only behind Hassan Whiteside and Andre Drummond.

Information from ESPN's Bobby Marks contributed to this report.

Brown called Embiid a "difference-maker."

Author: Adrian Wojnarowski, ESPN
Source: http://www.espn.com/nba/story/_/id/20971278/joel-embiid-philadelphia-76ers-accepts-max-rookie-scale-contract-extension

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