Joel Embiid has secured a three-year contract extension with the Philadelphia 76ers, ensuring his tenure with the NBA franchise extends through 2029. Embiid, a seven-time NBA All-Star, and the 76ers have agreed on a $193 million extension, which includes a player option for the 2028-29 season, according to a source familiar with the deal. The source spoke to the Associated Press on condition of anonymity as the terms have not been officially announced.

Embiid himself revealed the news early Friday morning by posting a photo on Instagram of him signing the contract alongside team owner Josh Harris. "Philadelphia is home," Embiid wrote. "I want to be here for the rest of my career. I love this community and everything it has given me and my family. There is still much work to be done. You deserve a championship, and I believe we are just beginning." He concluded with the 76ers' familiar hashtag, "#trusttheprocess".

Originally drafted by the 76ers as the third overall pick in the 2014 NBA draft, Embiid has since earned NBA MVP honors and won a gold medal this summer representing Team USA in the Olympics. His accolades include five All-NBA Team selections, seven consecutive All-Star appearances from 2017-24, three All-Defensive Team nods, and two NBA scoring titles.

"Joel has solidified his place as one of the greatest Sixers of all time and is well on his way to becoming one of the best players in NBA history. We are thrilled that this extension keeps him and his family in Philadelphia for years to come," Harris stated. "Joel is a great family man, leader, and person. He is an elite two-way player with a unique combination of size, strength, and athleticism that is rarely seen in this league. He is crucial to our pursuit of another NBA championship, and we are honored that he continues to choose this organization as his NBA home."