Structure of Joel Embiid’s contract shows confidence in his long-term health

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Superstar​ ​big​ ​man​ ​and​ ​popular​ ​Philly​ ​icon​ ​Joel​ ​Embiid​ ​signed​ ​a five-year,​ ​$148​ ​million​ ​extension​ ​on​ ​Monday,​ ​but​ ​the​ ​details​ ​of​ ​the​ ​deal​ ​were not​ ​made​ ​public​ ​at​ ​the​ ​time​ ​of​ ​the​ ​signing.​ ​Many​ ​speculated​ ​that​ ​the​ ​deal would​ ​involve​ ​various​ ​options,​ ​clauses,​ ​and​ ​incentives,​ ​and​ ​they​ ​were​ ​right on​ ​the​ ​money​ ​(unintended​ ​pun​ ​I​ ​now​ ​fully​ ​intend​ ​upon​ ​realization).

The​ ​specifics​ ​of​ ​the​ ​deal​ ​are​ ​a​ ​bit​ ​tricky​ ​so​ ​I’ll​ ​try​ ​to​ ​dissect​ ​it​ ​to​ ​its simplest​ ​form.​ ​Firstly,​ ​the​ ​$148​ ​million​ ​isn’t​ ​the​ ​absolute​ ​max​ ​Embiid​ ​can earn,​ ​and​ ​if​ ​he​ ​remains​ ​healthy​ ​and​ ​snags​ ​some​ ​pretty​ ​impressive​ ​accolades he​ ​could​ ​collect​ ​up​ ​to​ ​$176​ ​million.​ ​For​ ​Embiid​ ​to​ ​make​ ​less​ ​than​ ​$148 million;​ ​however,​ ​he​ ​must​ ​miss​ ​25​ ​games​ ​or​ ​play​ ​less​ ​than​ ​1,650​ ​minutes due​ ​to​ ​contractually​ ​agreed​ ​upon​ ​injuries.​ ​The​ ​aforementioned​ ​injuries​ ​are related​ ​to​ ​those​ ​Embiid​ ​has​ ​suffered​ ​before-​ ​back​ ​and​ ​foot-​ ​so​ ​if​ ​he​ ​misses time​ ​due​ ​to​ ​a​ ​concussion​ ​or​ ​chest​ ​injury​ ​the​ ​76ers​ ​do​ ​not​ ​get​ ​the​ ​financial savings​ ​if​ ​they​ ​waive​ ​him.

This​ ​is​ ​a​ ​bit​ ​shocking​ ​to​ ​me​ ​because​ ​I​ ​thought​ ​the​ ​front​ ​office​ ​would want​ ​insurance​ ​for​ ​more​ ​than​ ​just​ ​two​ ​types​ ​of​ ​injuries.​ ​I​ ​know​ ​Embiid’s​ ​foot and​ ​back​ ​are​ ​the​ ​two​ ​areas​ ​most​ ​likely​ ​to​ ​sideline​ ​him​ ​for​ ​an​ ​extended period​ ​of​ ​time,​ ​but​ ​when​ ​a​ ​player​ ​misses​ ​nearly​ ​three​ ​years​ ​due​ ​to​ ​injuries it’d​ ​be​ ​wise​ ​to​ ​protect​ ​yourself​ ​from​ ​any​ ​and​ ​all​ ​injuries.

The​ ​fact​ ​there​ ​is​ ​such​ ​a​ ​relatively​ ​small​ ​financial​ ​protection​ ​against injuries​ ​highlights​ ​that​ ​Bryan​ ​Colangelo​ ​and​ ​Co.​ ​truly​ ​believes​ ​that​ ​the​ ​big man’s​ ​battle​ ​with​ ​major​ ​injuries​ ​is​ ​behind​ ​him.​ ​If​ ​Embiid​ ​has​ ​truly​ ​moved​ ​on then​ ​he​ ​is​ ​in​ ​store​ ​for​ ​an​ ​absolutely​ ​sensational​ ​season,​ ​which​ ​leads​ ​to​ ​the next​ ​part​ ​of​ ​the​ ​contract.

As​ ​I​ ​stated​ ​earlier,​ ​Embiid​ ​can​ ​earn​ ​up​ ​to​ ​$176​ ​million​ ​with​ ​incentives. If​ ​Embiid​ ​is​ ​selected​ ​to​ ​the​ ​All-NBA​ ​First​ ​Team​ ​or​ ​named​ ​the​ ​NBA​ ​MVP​ ​for the​ ​2017-18​ ​season​ ​he​ ​will​ ​then​ ​be​ ​eligible​ ​for​ ​the​ ​aforementioned​ ​super max.​ ​While​ ​I​ ​don’t​ ​see​ ​the​ ​Sixers​ ​winning​ ​enough​ ​games​ ​for​ ​Embiid​ ​to​ ​take home​ ​MVP​ ​honors,​ ​I​ ​think​ ​the​ ​All-NBA​ ​First​ ​Team​ ​is​ ​well​ ​within​ ​reach​ ​for​ ​the two-way​ ​superstar.

Overall​ ​I​ ​think​ ​that​ ​this​ ​is​ ​a​ ​very​ ​solid​ ​deal,​ ​and​ ​one​ ​that​ ​could​ ​be​ ​a steal​ ​down​ ​the​ ​line.​ ​I​ ​know​ ​some​ ​people​ ​are​ ​a​ ​bit​ ​confused​ ​at​ ​the​ ​timing​ ​of the​ ​deal-​ ​Embiid​ ​only​ ​suiting​ ​up​ ​for​ ​31​ ​games​ ​thus​ ​far-​ ​but​ ​sometimes​ ​you have​ ​to​ ​pay​ ​players​ ​based​ ​on​ ​future​ ​production.​ ​A​ ​great​ ​recent​ ​example​ ​of this​ ​is​ ​when​ ​the​ ​Warriors​ ​signed​ ​Steph​ ​Curry​ ​to​ ​a​ ​four-year​ ​extension​ ​back in​ ​2012.​ ​Curry​ ​missed​ ​40​ ​of​ ​66​ ​games​ ​in​ ​a​ ​lockout​ ​shortened​ ​season​ ​the year​ ​before​ ​his​ ​extension​ ​due​ ​to​ ​injuring​ ​his​ ​twice-surgically​ ​repaired​ ​ankle. The​ ​Warriors​ ​were​ ​confident​ ​in​ ​his​ ​talent​ ​and​ ​his​ ​ability​ ​to​ ​recover​ ​from ankle​ ​issues,​ ​and​ ​three​ ​NBA​ ​Finals​ ​trips​ ​and​ ​two​ ​championships​ ​later​ ​I’m sure​ ​they​ ​are​ ​glad​ ​they​ ​did.​ ​Embiid​ ​carries​ ​that​ ​same​ ​potential​ ​and​ ​simply had​ ​to​ ​paid​ ​as​ ​a​ ​result.​ ​It​ ​may​ ​seem​ ​a​ ​bit​ ​premature​ ​and​ ​mind-boggling​ ​at the​ ​moment​ ​but​ ​there​ ​has​ ​never​ ​been​ ​a​ ​better​ ​time​ ​to​ ​Trust​ ​the​ ​Process.

 

Mandatory Credit: Eric Hartline-USA TODAY Sports

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