76ers have insane amount of money committed to their core players
If the Philadelphia 76ers fail to win a championship in the next five years or so, their fans certainly cannot blame the front office for a lack of financial commitment to the roster.
As expected, Ben Simmons agreed to a five-year, $170 million rookie max extension with the Sixers on Monday. The contract came in an offseason where Philly also shelled out $180 million over five years to keep Tobias Harris and signed Al Horford to a four-year, $109 million deal. And let’s not forget the five-year, $148 million extension Joel Embiid got prior to the 2017-18 season.
Apparently trusting “The Process” costs a lot of dough. As ESPN’s Bobby Marks notes, the 76ers will have well over a half-billion dollars invested in their four core players when Simmons’ extension kicks in starting in 2020-21.
Starting in 2020-21, Philadelphia will make a $580M investment between four players: Joel Embiid, Tobias Harris, Al Horford and now Ben Simmons. The 76ers next season have $148M in salary between 11 players- $6M over the projected luxury tax threshold…. https://t.co/AFgSOfr0UZ
— Bobby Marks (@BobbyMarks42) July 15, 2019
With all the money they have spent, it’s hard to believe the 76ers did not offer one star player the max contract he was seeking. They clearly have a vision, however, and they feel their current roster is the one that is going to bring them a title. Their payroll says it all.