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Joel Embiid signed a max-level extension with the Philadelphia 76ers on Friday.
Including the two remaining years on Embiid's existing contract and a three-year extension, the full value of the five-year agreement is $301 million, according to multiple reports.
The formal contract extension signing was shared by the team and Embiid on social media Friday morning.
The team didn't announce the financials, but the deal is worth a reported $193 million over three seasons -- $64.3 million annually -- and ends the speculation Embiid could exit Philadelphia at the end of his existing deal.
-REUTERS
