Philadelphia 76ers center Joel Embiid has agreed to a five-year, $148 million designated rookie scale maximum contract extension, league sources told ESPN.
Is it just me or was this move made prematurely?
Philadelphia 76ers center Joel Embiid has agreed to a five-year, $148 million designated rookie scale maximum contract extension, league sources told ESPN.
For the Sixers to curb the ultimate value of the extension, it would take the triggering of several severe circumstances detailed in a 35-page-plus contract.
Here's how a perfect storm of calamity would have to unfold for Embiid to earn any less than the full $146.5 million: Across each of the final four seasons of the extension, ending with the 2022-23 season, the 76ers could waive Embiid for a financial benefit if he's lost because of a contractually agreed-upon injury that causes him to miss 25 or more regular-season games and if he plays less than 1,650 minutes, league sources said.
Specific injuries are laid out in the contract and include only past problem areas with Embiid's feet and back, sources said. Embiid has to miss 25 or more regular-season games because of injuries in those areas, and play less than 1,650 minutes, for Philadelphia to have the option of releasing him for cost savings.
If Embiid met that narrow criteria and the Sixers decided to waive him after the 2018-19 season, he would receive $84.2 million of his full contract; $98.2 million after the 2019-20 season; $113.3 million after the 2020-21 season; and $129.4 million after the 2021-22 season.
big-shot-ROB wrote:The guy is a definetely a generational talent, and despite the fact his career could be over in any minute, that could also happen with LeBron or Durant or whoever.
I Hate Mondays wrote:Is it just me or was this move made prematurely?
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