Last Updated on December 27, 2024 by Mathew Diekhake

Joel Embiid has signed several notable contracts since being drafted by the Philadelphia 76ers in 2014. Below is a breakdown of his contract history:

Rookie Contract

  • Details:
    • Date Signed: August 26, 2014
    • Duration: 4 years (2 years guaranteed with 2 team options)
    • Value: $19.5 million
  • Highlights:
    • Standard rookie-scale contract for a third overall pick.
    • Missed the first two seasons (2014–15 and 2015–16) due to injuries.

Contract Extension (2017)

  • Details:
    • Date Signed: October 10, 2017
    • Duration: 5 years (2018–2023)
    • Value: $148 million (maximum rookie-scale extension)
    • Incentives: Potential value up to $178 million based on All-NBA selections and MVP considerations.
  • Highlights:
    • Protected the 76ers against Embiid’s injury history with performance-based guarantees.
    • Fully guaranteed after he met key performance criteria, including All-NBA honors.

Supermax Contract Extension (2021)

  • Details:
    • Date Signed: August 17, 2021
    • Duration: 4 years (2023–2027)
    • Value: $210.1 million
    • Annual Breakdown (Average): $52.5 million per year
  • Highlights:
    • Signed under the NBA’s “Designated Player Extension” rules.
    • Based on his MVP-caliber performance and back-to-back All-NBA First Team selections.
    • This contract solidified Embiid as one of the league’s highest-paid players.

Career Earnings Summary (Projected Through 2027):

  • Total Career Earnings: Over $375 million (including endorsements).

Notes:

  • Joel Embiid’s contracts reflect his ascension as one of the league’s most dominant players.
  • Despite early injury concerns, the 76ers structured his contracts to reward his potential, which he fulfilled with multiple All-Star selections and an MVP award (2023).