The second-year center signed a five-year extension over the summer that has a base value of $146MM, but could rise as high as $178MM if he reaches certain benchmarks. That includes a hefty bonus if he is named Most Valuable Player or earns first-team All-NBA honors this season. Embiid, who came into tonight averaging 22.9 points and 11.3 rebounds per game, is certainly a candidate to make the All-NBA team at center, especially with the injury to Rudy Gobert and the move of Anthony Davis to power forward.
The bonus would raise Embiid’s cap hit from $25.3MM to $30.3MM for 2018/19 and would cost Philadelphia $5MM in cap space for each subsequent year of the contract. The Sixers have nearly $32MM in projected cap room right now, not counting $1.6MM team options for T.J. McConnell and Richaun Holmes, so $5MM could affect their ability to offer a full max contract.
Emiid’s contract also contains a minutes clause that could boost his future earnings. He can make his contract fully guaranteed starting in 2020/21 or 2021/22 if he plays at least 1,650 minutes in three consecutive years or three out of four starting with this season. He has accumulated 532 minutes in 18 games, putting him on pace to reach that figure for this year.
Marks passes on a few other tidbits related to contract incentives:
- The punch from Bobby Portis that hospitalized Nikola Mirotic has cost the Bulls forward $1MM in bonuses. Mirotic had four benchmarks valued at $250K each, and although each was unlikely, he needed to play 65 games to be eligible and he has already missed 20.
- Nets guard Jeremy Lin, who played just one game this season before needing knee surgery, missed a chance to earn several bonuses worth $750K.
- Nuggets forward Paul Millsap has a $500K incentive for making the All-Star team, which is impossible after wrist surgery that will keep him sidelined until after the February 18 game. Millsap had been an All-Star the past four seasons in the East. He also would receive a $150K bonus for playing 65 games and averaging seven rebounds per 36 minutes, but that’s out of reach because of the injury. He can still get $150K if the Nuggets make the playoffs, but for now his cap hit for next season will be cut from $29.7MM to $29.2MM.
- Gobert took the biggest hit because of injury, which could cost him up to $2MM. The Jazz center, who is not expected back until the middle of the month because of a bone bruise in his right knee, had a pair of $250K incentives based on 67 games played, along with a $500K bonus for being named first team All-Defense and $1MM for making the All-Star game.
- Hawks center Dewayne Dedmon needs his scoring and rebounding averages to total more than 16 to collect a $900K bonus. He was at 11.1 PPG and 7.8 RPG before his recent injury.
- The Trail Blazers could see a smaller luxury tax bill if Maurice Harkless continues to struggle with his three-point shot. Currently shooting 24.3% from distance, Harkless needs to reach 35% at the end of the season to get a $500K bonus. If he falls short, Portland’s tax bill will dip from $4.3MM to $3.5MM.