Joel Embiid contract, explained: Why massive extension for 76ers star could make potential trade that much harder originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Across his 11-year career, Joel Embiid has become the highest-paid Philadelphia 76er in franchise history. He has earned more than $320 million and has served as the franchise's focal point for years.
In September 2024, Embiid waived his player option to sign a massive three-year, $192.9 million fully guaranteed extension with the team that drafted him. The 2022 MVP has remained loyal to Philadelphia and is expected to stay until his contract expires after the 2028-29 season.
He ranks 17th in career earnings in NBA history, and when he's on the court, he shows why he has amassed so much. Embiid has a lengthy injury history and has frequently been subjected to load management, which has limited his chances at NBA awards, but he remains one of the league's top-caliber players.
Here's the rundown on the Philly star's massive contract and what it means for both him and the Sixers.
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In September 2024, Embiid signed a three-year, $192.9 million fully-guaranteed extension with the Philadelphia 76ers, according to ESPN. His latest contract was signed as a maximum veteran extension.
During the 2025-26 season, Embiid had the fourth-highest annual average value in the NBA at more than $62.5 million. He is roughly a measly $150,000 behind Boston Celtics centerpiece Jayson Tatum, who makes $62.7 million per year.
Embiid's deal includes a player option in the final year of his contract in 2028-29, meaning he can choose whether to remain with the Sixers or leave the franchise.
The 32-year-old's prior contract was a four-year, $213,280,928 fully guaranteed deal signed ahead of the 2023 season. Embiid is represented by Leon Rose, now the president of the New York Knicks, who has also represented LeBron James, Carmelo Anthony and Allen Iverson.
His massive contract and injury history may make teams more hesitant to trade for the star. Embiid has already stopped playing back-to-back games because of injury concerns, and Philadelphia may be his only suitor for the remainder of his career.MORE: Who were the highest-paid players for the 2025-26 NBA season?
Next season, Embiid will have a cap hit of $57,985,752, according to Spotrac.
A cap hit is the total amount of money a player's contract counts against a team’s salary cap during a specific league year. This is different from a player's actual salary, and is calculated by adding their base salary, distributed signing/option bonuses, and incentives.
After the 2028-29 NBA season, Embiid will be an unrestricted free agent, meaning he can sign with any team of his choosing without restrictions or right-of-first-refusal from Philadelphia.
Joel Embiid’s salary each of the next three seasons:2026-27: $57,985,7522027-28: $62,624,6122028-29: $67,263,472
The former No. 3 pick in the 2014 draft will have been with the Sixers for 15 years heading into his 2029 free agency. In 2028, Embiid will have a player option, meaning he can decide whether he wants to play his last contractual year with Philadelphia.
MORE: How long was Joel Embiid out for with appendicitis?
Across his 11-year NBA career, Embiid has accumulated $321,069,851 in career earnings through 2026. According to Spotrac, the Cameroonian has the 17th-highest career earnings in NBA history and is roughly $2 million shy of passing Kobe Bryant.
The all-time leader in career earnings is Los Angeles Lakers star LeBron James, who has made $581.3 million through 23 years of NBA play. Kevin Durant ($501.1 million) and Stephen Curry ($470.1 million) round out the top three on the all-time earnings pecking order.SN NBA AWARDS:POY (Victor Wembanyama)| ROY (Kon Knueppel) | COY (Joe Mazzulla)
For the 2026-27 season, Golden State Warriors star Stephen Curry will make the most money, at $62.7 million for the season. Here is the list for the top 10 players who will earn the most money next season, according to Spotrac.