Philadelphia 76ers center Joel Embiid will find the NBA’s finalized agreement as it pertains to prorating performance-related bonuses and incentives very profitable, with the remaining three years of his contract now guaranteed, scoring him a $95 million paycheck over the next three seasons.
According to ESPN’s Ramona Shelburne and Adrian Wojnarowski, the league has agreed to make March 11 – the day play was shut down due to COVID-19 – an end-of-season date and remove the eight seeding Orlando games from consideration. This leaves anything that would have otherwise been based on an 82-game schedule linked to the number of games teams played up to March 11, also shortening the required 1,650 minutes in Embiid’s contract for the term. The prorated calculation sees the superstar big man surpass the lowered figure as he’d already logged 1,329 minutes this season.
The report reads:
“Embiid signed a five-year, $148 million deal extension in 2017 that included financial protections for the Sixers had Embiid suffered career-ending injuries involving his back or feet. Those protections are moot now; Embiid has shown his durability and his All-NBA production has actually outsized his contract.
“Embiid needed 1,650 minutes this season to fully guarantee the contract, but prorated over the Sixers’ 65 games that lowered the requirement to below the 1,329 minutes he had played this season.”
Joel Embiid Is Staying Ready
This must come as great news to the 76ers star, who recently revealed he’s been putting in six training days on a weekly basis ahead of the season’s resumption.
The last week saw a number of players speak out against the league’s return proposal, with NBPA Vice President Kyrie Irving also calling for players to sit out the remainder of the term amid growing safety concerns and the current social climate in the United States.