Joel Embiid‘s teammates believe the Sixers made the right move by rewarding him with a five-year extension, writes Keith Pompey of The Philadelphia Inquirer. Embiid is slated to receive $148MM, but the value could go as high as $178MM if he meets certain criteria. There are also several salary cap protections to guard the organization against further injury for Embiid, who has played just 31 games in three seasons. “Have you seen him play? He’s a beast,” Ben Simmons responded when asked about the extension. “I can’t name one person that can stop him. Honestly, there’s nobody that can compete with him at his position. No one.”
There’s more this morning out of Philadelphia:
- Embiid’s cap hit for next summer will be either $25.2MM or $30.3MM, depending on whether he meets the qualifications for the 30% max, according to Derek Bodner of The Athletic. If Embiid is only at the 25% max, Philadelphia will have about $53.34MM in committed salary heading into next year’s free agent sweepstakes. That leaves roughly $47.6MM, but that figure will be reduced by draft picks and option decisions. The Sixers may have two first-rounders if they land the Lakers’ pick, and they have to determine whether to extend rookie-scale contracts for Jahlil Okafor ($6.3MM in 2018/19), Dario Saric ($2.5MM) and Justin Anderson ($2.5MM) by the end of October. Bodner writes that the Sixers are certain to pick up Saric’s option, but Okafor and Anderson are less definite. Philadelphia also has team options on T.J. McConnell and Richaun Holmes valued at $1.6MM each, but those don’t have to be addressed until June 29.
- The team’s most important remaining salary decision involves Robert Covington, Bodner adds in the same piece. Starting November 15, Covington will be eligible to have his contract renegotiated or extended. He will become a free agent with a $3MM cap hold next summer if nothing is done.
- Rookie guard Markelle Fultz may still be suffering the effects of a right shoulder injury, Pompey relays in a separate story. The first overall pick had to sit out Friday’s game and is shooting just 29.2% from the floor in the preseason. “I think his shoulder is affecting him more than he lets on,” coach Brett Brown said. “You can tell with his free throw, you know, trying to get that ball up. Its follow from his body. But he’s been working on just trying to get that thing rehabilitated.”