Philadelphia 76ers star Joel Embiid is one of the premier players in the NBA today. Some even argue that he holds the title of the best player in the world, especially considering his achievement of winning the 2022-23 NBA Most Valuable Player award.
The 7-foot center has been the league's leading scorer for the last two seasons, averaging 30.6 points in 2021-22 and 33.1 points in 2022-23. Before securing his maiden MVP honor, he finished as the runner-up for the award behind Denver Nuggets star Nikola Jokic in both the 2020-21 and 2021-22 seasons.
Embiid was selected with the third overall pick in the 2014 NBA Draft. After missing his first two seasons due to a foot injury, he had a strong debut campaign in 2016-17, receiving All-Rookie First-Team honors.
The Cameroonian, who also holds United States and French citizenship, subsequently emerged as one of the biggest stars in the game at present.
As one of the league's best players, let's look at Joel Embiid's contract with the Sixers.
Joel Embiid Contract: $196 million
Embiid inked an early contract extension in 2021, entering into a four-year supermax deal with Philadephia valued at $196 million, despite his current pact still valid for two years. This allows him to receive an average salary of $53,320,232.
The lucrative agreement took effect this ongoing 2023-24 NBA season and will be valid until 2025-26 at the earliest, with a player option for 2026-27 worth $59,033,114.
Before securing his most recent deal, Embiid signed a designated rookie scale maximum contract extension in 2017, totaling $148 million. This extension took effect from 2018-19 until 2022-23, paying an average of $29,542,010 per season.
Embiid's rookie scale contract was worth $19,981,026 throughout his first four seasons in the league, which paid an average of $4,995,257 per year.
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Joel Embiid Career Earnings
At the end of the 2023-24 season, Embiid is projected to accumulate $214,429,387 in career earnings in terms of NBA salary, according to Spotrac. This figure does not include additional income from endorsements or deductions due to tax, agent fees, and other business expenses.
If Embiid chooses to exercise his player option in the 2026-27 season with Philadelphia, his cumulative NBA salary by the conclusion of his existing deal would amount to $380,102,965.
At this point, Embiid would be 33 years old, setting the stage for potential negotiations regarding what could be his final NBA contract.
Joel Embiid Salary 2023
Embiid is set to make $47,607,350 in the ongoing 2023-24 NBA season in the first year of his new deal with the Sixers, per figures from HoopsHype.
This positions him as the fourth-highest-paid player in the league, sharing the spot with Nikola Jokic. He follows behind Kevin Durant, LeBron James, and Stephen Curry in terms of earnings.
This marks a massive jump from his 2022-23 salary of $33,616,770, and it is slated to rise further to $51,415,938 for next season.
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