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What Joel Embiid's max extension means for the Philadelphia 76ers and the NBA future of Ben Simmons

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Stephen A.: 76ers had no choice but to give Embiid supermax extension (1:33)

Stephen A. Smith commends Joel Embiid and the 76ers for finalizing his 4-year, $196 million supermax contract. (1:33)

What does Joel Embiid's extension mean for him and the Philadelphia 76ers?

The Sixers announced Tuesday morning that Embiid had signed a multiyear extension. Per ESPN's Ramona Shelburne, it's a four-year supermax deal for Embiid worth a projected $196 million. (The exact amount will be determined by the salary cap in 2023-24, when the extension begins.)

Embiid's extension is the most important business in what's been a quiet summer so far for Philadelphia. However, that could change if the 76ers trade their other All-Star, Ben Simmons. With Embiid signed up long-term, where does Philly stand? Let's take a look.

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Embiid locks in the supermax

Because Embiid has two years remaining on the rookie extension he signed with the Sixers in 2017, when he'd played just 31 total NBA games over his first three seasons thanks to injuries, this extension was limited to four years rather than the five possible had Embiid waited to extend his contract next summer or re-signed with Philadelphia as a free agent.

Given his health history, Embiid surely saw little upside to waiting.