Do you think the 76ers have to offer him the full 4 year 190 million extension with no injury protections?
Per Bobby Marks of ESPN:
The five-year, $147.7 million rookie max extension that Embiid signed in 2017 is considered one of the most complex and creative contracts in league history. Because Embiid had missed his first two NBA seasons with a foot injury, the 35-page contract included language that essentially gave the 76ers a way to get out of the deal if Embiid suffered a catastrophic injury to his feet or lower back.
Across each of the final four seasons of the extension, ending with the 2022-23 season, the 76ers could have waived Embiid for a financial benefit if he suffered a contractually agreed upon injury that caused him to miss 25 or more regular-season games and play fewer than 1,650 minutes.
If Embiid played a minimum of 1,650 regular-season minutes in three consecutive years during the extension, or three out of four including the 2017-18 season, it would eliminate the possibility of a reduction in the contract. Embiid reached the minutes benchmark last season, guaranteeing the remaining three seasons of the contract.
This offseason, Embiid is once again extension eligible but at a higher price tag and possible financial risk exposure to the 76ers in the future. By earning All-NBA in 2020-21, Embiid met the supermax criteria and is eligible to sign an extension for four years and up to $190 million. The dollar amount is based off 35% of the projected $121.5 million cap in 2023-24 and could increase.
2021-22 | $31.6M (current contract)
2022-23 | $33.6M (current contract)
2023-24 | $42.5M (supermax starts)
2024-25 | $45.9M
2025-26 | $49.3M
2026-27 | $52.7M
Although both sides can negotiate the total value of the contract (for example the salary in 2023-24 could be 33% of the cap and not 35%), the contract has to be for four seasons.
The body of work since Embiid signed his rookie extension in 2017 is that of a supermax player. He is a four-time All-Star, three-time All-NBA selection, three-time All-Defensive team selection and finished second in MVP voting this season.
Involved in every contract that is signed, the risk would be higher for the 76ers because of Embiid's injury history. A supermax extension would put Embiid -- who is playing through a torn meniscus this postseason -- under contract for six more seasons, and set to make nearly $53 million in 2026-27.
Would the 76ers go back to their notes from 2017 and look to add injury language that protects them in the future? His agents at CAA would likely argue that since 2017-18, the longest stretch of games that Embiid missed in one season was the 11-game stint he missed this season because of his left knee. He also missed 10 because of an orbital fracture in 2018 and nine because of a broken left hand in 2020. Neither of those are recurring-type injuries, and Embiid hasn't had any setbacks with his feet or his back.
The seven supermax contracts that have been signed in recent years have not contained any prior injury language. If the 76ers insist on such language and Embiid decides not to sign, there would be risk for both sides. Embiid would have to earn All-NBA honors again to become supermax eligible next offseason. However, if he waits and does become eligible, the 76ers could be on the hook for a five-year extension that would pay Embiid nearly $57 million in the final season.
Although Bobby Marks mentions that Embiid's agency is CAA that is outdated as Keith Pompey has reported that Embiid parted with his agency CAA that represented him for the past 5 years after the playoffs ended.
Who do you think Embiid hires as his agent to represent him during these negotiations?
