The Philadelphia 76ers have shown just how much they trust the process by signing Joel Embiid to a five-year contract extension worth $146.5 million.
This was a vital move for the 76ers, considering Embiid has been a notable part of their franchise rebuild. This was also a considerable way for the franchise to show their gratitude for the upcoming star, signifying early on that they wish for him to be a cornerstone of their franchise for an extended period of time. Embiid, at 23 years old, is one of the youngest players in the NBA to receive such a hefty salary offer this early in his career.
Embiid is a player that has already proved that he will have a significant impact on the future of the 76ers, despite the limited amount of time spent on the floor doing so since he entered the league due to multiple injuries. The doubts about his career were initially placed before he was finally able to play, which naturally changed the minds of many. Although he was only able to play 31 games last season, he was able to show that he is well worth the risk and that he can be a vital piece to the team’s future if he can manage to stay healthy in the future.
One of the keys in Embiid’s contract with Philadelphia is that there is a clause protecting them financially against his proneness to injury. There has been some concern regarding his ability to consistently perform at the right cost for this reason, therefore signing him for a lengthy and expensive contract would have been far too risky of a move for their future. This contract brings out the best of both worlds for both parties. The 76ers will still have Embiid committed to their future success without losing too much money if he is unable to perform, and Embiid will still have a valuable player contract as long as he is able to hold his end of the deal.
Embiid, who has been out so far, made his preseason debut tonight against the Brooklyn Nets. This has been long anticipated since it will be the first time he will be playing with teammate Ben Simmons, who is also expected to become a breakout star for the 76ers. Along with the rest of the team’s new additions, this will likely be a look at what the near future of the franchise will look like.
Embiid has already shown his loyalty and appreciation to Philadelphia early in his career and quickly became a fan favorite, so solidifying his future with the franchise with a contract extension under the given circumstances was a great move for the 76ers. This shows that the rebuilding process is coming along nicely and that they are finding pieces that will transition into a strong foundation for their franchise down the line.
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