The Philadelphia 76ers President signed seven-time NBA All-Star Joel Embiid to a multi-year contract extension.

Joel Embiid says he is signing a contract extension with the Philadelphia 76ers. The one-time NBA MVP will sign a three-year, $193 million maximum extension with the 76ers, with a player option in 2028-2029,

Former league MVP Joel Embiid and the Philadelphia 76ers have agreed to a three-year contract extension that will guarantee the big man a whopping $299.5 million through the next five years, per ESPN.

Saying he hopes to be a Sixer "for the rest of my career," Joel Embiid reached a three-year contract extension with the team that sources told ESPN's Ramona Shelburne is worth $192.9 million.