Current Contract
Philadelphia 76ers
Contract Start
July 2023
Contract End
June 2027
Duration
4 years
Contract Type
Designated Veteran
Total Guaranteed
$213.3m
2025 Salary
$55.2m
2026/28 Maximum Veteran Extension - Upcoming
20 September 2024 - Joel Embiid signed 3-year (2026/28) maximum contract extension with Philadelphia 76ers worth $188.24 million (fully guaranteed) if player option is taken for 2028/9 season. His average salary with this contract will be $62.74 million/year making him one of the highest paid players in NBA.
Contract Details
| Signed | Avg/Salary | Total | Team | Source |
|---|---|---|---|---|
| 2023 | $53.3m | $213.3m | Philadelphia 76ers | Shams Charania (X) |
Contract Breakdown (4 Years)
Season
Team
Age
Salary
2023-24
28
$47,607,350
2024-25
29
$51,415,938
2025-26
30
$55,224,526
2026-27
31
$59,033,114
| Season | Team | Age | Base Salary | Option | Remaining |
|---|---|---|---|---|---|
| 2023-24 |
|
28 | $47,607,350 | $165,673,578 | |
| 2024-25 |
|
29 | $51,415,938 | $114,257,640 | |
| 2025-26 |
|
30 | $55,224,526 | $59,033,114 | |
| 2026-27 |
|
31 | $59,033,114 | PLAYER | $0 |
2023/2026 Designated Veteran Extension
17 August 2021 - Joel Embiid signed (2023/26) 4-year maximum contract extension with Philadelphia worth $213.28 million (Guranteed) with average yearly salary of $53.32 million/year. This contract had player option for 2025/26 season which Embiid declined and instead signed a new contract which starts from 2026/27 season.
Contract History
Year
Avg/Salary
Total
Team
2018
$29.5m
$147.7m
2014
$5m
$20m
| Year | Avg/Salary | Total | Team | Source |
|---|---|---|---|---|
| 2018 | $29.5m | $147.7m |
Philadelphia 76ers
|
Source |
| 2014 | $5m | $20m |
Philadelphia 76ers
|
Frequently Asked Questions
Joel Embiid current salary is $55.2 million in 2025/26 season. His new 3-year maximum contract kicks in from 2026/27 season where his salary will be $58.1 million (2026/27), $62.7m (2027/28) and $67.4m in 2028/29 season where Embiid holds the player option.