Tagged in: supermax

Joel Embiid, Philadelphia 76ers sign 4-year, $196 million supermax extension through 2026-27

Philadelphia 76ers star center Joel Embiid has signed a four-year, $196 million supermax contract extension, sources told ESPN.

The Sixers revealed Tuesday morning the 7-footer has signed a multiyear deal with the team, but did not disclose aspects of the contract.

The extension keeps Embiid under contract with the Sixers through the 2026-27 season for a total of $261 million. The four-time All-Star already was set to make $65 million over the final two years of his current deal.

Embiid, who represented himself in the negotiations, became eligible for a supermax extension this summer after concluding second in MVP voting and making the All-NBA second team with averages of 28.5 points and 10.6 rebounds in 51 regular-season games in 2020-21.

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This contract is fully guaranteed and includes a player option for the final year, sources said, but does not include the same provisions protecting the Sixers in case of catastrophic injury to Embiid’s lower back or feet, like the five-year, $147.7 million deal he signed in 2017.

Since the 2017-18 season, Embiid has avoided the kind of injuries that stalled the beginning of his career.

The longest stretch of games that Embiid missed in one season was the 11 games he missed this past spring with a bone bruise in his left knee.

He suffered a tear in his right meniscus during this season’s playoffs but missed just one game and did not need surgery after the season, according to sources.

Embiid’s extension will begin in 2023-24 and is based off a projected $124.95 million salary cap for that season.

Embiid, 27, has spent his entire career with the Sixers since being drafted No. 3 overall in 2014, posting career averages of 24.8 points and 11.3 rebounds while leading Philadelphia to the playoffs in each of the past four seasons.

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Luka Doncic signs five-year, $207 million supermax rookie extension with Dallas Mavericks

Dallas Mavericks superstar Luka Doncic has signed a landmark five-year, $207 million supermax rookie extension, the team revealed Tuesday.

Doncic, one of the most accomplished players in NBA history at 22 years old and rapidly evolving into the future face of the league, becomes the first player eligible for the designated rookie max extension upon signing because he has twice been voted first-team All-NBA.

The deal contains a player option in the final year, agent Bill Duffy of BDA Sports told ESPN on Monday.

A contingent of the franchise’s leaders landed in Ljubljana, Slovenia, on Monday to formally present Doncic and Duffy with the contract, including Mavericks owner Mark Cuban, general manager Nico Harrison, coach Jason Kidd, assistant general manager Michael Finley, special adviser Dirk Nowitzki and director of player health and performance Casey Smith.

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“Today is a dream come true,” Doncic told ESPN in a statement. “The game of basketball has given me so much and has taken me to so many amazing places. I am humbled and excited to remain in Dallas as part of the Mavericks.

Doncic became the youngest MVP in EuroLeague history in 2017-18, when he led Real Madrid to a title before being selected with the third overall pick in the NBA draft, immediately getting traded from the Atlanta Hawks to the Mavericks for Trae Young and a future first-round pick.

Doncic won Rookie of the Year in 2018-19 and has been a first-team All-NBA selection the past two seasons.

Only four players in NBA history have made All-NBA first team multiple times before their 23rd birthday, according to the Elias Sports Bureau. Doncic and Kevin Durant are the only players to accomplish the feat since the ABA-NBA merger.

Doncic, who led the Slovenian national team to its first Olympic berth and a fourth-place finish in Tokyo, has NBA career averages of 25.7 points, 8.4 rebounds and 7.7 assists per game. His playoff production has been even more impressive, as he has averaged 33.5 points, 8.8 rebounds and 9.5 assists in 13 postseason games.

Despite Doncic’s individual brilliance, the Mavericks are still trying to advance past the first round of the Western Conference playoffs.

Although Dallas has lost to the LA Clippers in each of the past two playoffs, Doncic dominated with five 40-point playoff performances, highlighted by a 43-point, 17-rebound, 13-assist outing that ended with the winning buzzer-beater in the Mavs’ Game 4 victory in 2020. He had a 46-point, 14-assist effort in last season’s Game 7 loss.

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Giannis Antetokounmpo says focus not on extension with Milwaukee Bucks

There’s a multimillion-dollar question looming over the NBA that only Giannis Antetokounmpo has the answer to.

However, the Bucks superstar didn’t put to bed any speculation on his long-term future in Milwaukee on Wednesday, instead saying that he will put faith in his agent and the team’s front office to reach a potential supermax contract extension.

“I’m not focused on that,” Antetokounmpo stated. “I know my agent, Alex [Saratsis], and [Bucks general manager] Jon Horst and the Bucks ownership are focusing on those discussions, but I’m just trying to focus on myself — how I can get better, how I can help my teammates get better, how can we be ready Saturday to play our first preseason game?”

Antetokounmpo has until Dec. 21 to sign a five-year, $228 million supermax extension.

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On Wednesday, he wouldn’t go into the details of his process, though he admitted that “it’s probably one of the big decisions that I’m gonna make.”

He could play out the season in Milwaukee and enter free agency as an unrestricted free agent next summer, or he could sign the same deal with the Bucks next offseason.

One thing is for sure: His communication with his agent will stay private.

“I think about everything,” he said. “I think about Milwaukee. I think about my teammates. I think about my family. I think about what’s the best decision for me, but that’s pretty much it. Then, after that, I realize that I’ve got so far because I’ve focused on how I can improve every single day.

“I love the city of Milwaukee. I love the organization. I love my family to death. I love winning, but at the end of the day, I wouldn’t be in this situation if I wasn’t working hard, I wasn’t winning games, I wasn’t improving every day and I didn’t have this mentality”.

Milwaukee was eliminated by the Miami Heat in five matches in the Eastern Conference semifinals in the NBA bubble in Orlando, Florida. This campaign, Antetokounmpo won’t put any additional pressure on himself or the team.

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