Joel Embiid signs a 3-year, $193 million contract extension with the 76ers

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Joel Embiid signs a 3-year, $193 million contract extension with the 76ers

2024-09-21 01:11 Last Updated At：01:21

PHILADELPHIA (AP) — Already an NBA MVP and an Olympic gold medalist, All-Star center Joel Embiid now has until the end of the decade to try to win his first NBA championship with the Philadelphia 76ers.

With another maximum contract secured, Embiid wants to chase that title in Philly — and remain a Sixer for the rest of his career.

“Philadelphia is home,” Embiid wrote on Instagram.

A seven-time NBA All-Star, Embiid and the 76ers agreed to a $193 million extension with a player option for the 2028-29 season, a person familiar with the deal said. The person spoke to The Associated Press on condition of anonymity because the terms have not yet been announced.

The 30-year-old Embiid, who graduated from a Florida high school and played a season in college at Kansas, broke his own news early Friday morning when he posted a photo on Instagram of him signing a contract alongside team owner Josh Harris.

“I want to be here the rest of my career. I love this community and everything you've given me and my family,” Embiid wrote. "There is a lot more work to do. You guys deserve a championship and I think we're just getting started.”

Embiid, who dropped a franchise-record 70 points last season against San Antonio, signed off with the familiar 76ers hashtag, “#trusttheprocess.”

Embiid — still in the second year of a $196 million extension he signed ahead of the 2021 season — became the third cornerstone player this offseason to sign a massive contract with the 76ers. The team hasn't won an NBA title since 1983.

The 76ers enticed Paul George to leave the Los Angeles Clippers and sign a four-year, $212 million contract. The NBA’s Most Improved Player last season, Tyrese Maxey, was rewarded with a five-year, $204 million extension. The 76ers committed more than $400 million in salary to two players they believe position them as the top contender to dethrone the NBA champion Boston Celtics.

George and Maxey both congratulated Embiid on the extension on Instagram.

Throw in Embiid's deal and the Sixers are counting on a Big Three that can contend for the life of their contracts. Embiid, though, has a history of injuries and has yet to lead to the franchise out of the second round of the Eastern Conference playoffs. Embiid has never played more than 68 games in a season and averaged 34.7 points in just 39 games last season.

Originally selected by the 76ers with the No. 3 overall pick in the 2014 NBA draft, Embiid was named NBA MVP in the 2022-23 season and he won a gold medal with Team USA at this year's Paris Olympics.

He has five All-NBA Team honors, seven consecutive All-Star selections from 2017-24, three All-Defensive Team nods, and twice has been the NBA scoring champion.

"Joel has cemented himself as one of the greatest Sixers of all time and is well on his way to being one of the best players to ever play the game. We’re ecstatic that this extension keeps him and his family in Philadelphia for years to come,” Harris said. “Joel is a great family man, leader, and person. He is an elite two-way player with a combination of size, strength, and athleticism that this league has rarely – if ever – seen. He is integral to this franchise’s quest for another NBA Championship, and we are honored that he continues to choose this organization as his NBA home.”

In 433 games (all starts) with the franchise, Embiid has averaged 27.9 points on 50.4% shooting, 11.2 rebounds, 3.6 assists and 1.7 blocked shots across 31.9 minutes per contest. He ranks first in franchise history in scoring average (27.9 points per game), fifth in blocked shots (720), tied for sixth in triple-doubles (seven), and seventh in total points scored (12,071). Embiid also ranks third on the franchise list with eight 50-point games.

“I had no idea when I was drafted as a 20-year-old kid from Cameroon how lucky I was to be in Philadelphia,” Embiid said in a team statement. “Through all the ups and downs, this city and the fans have been everything, and I am so grateful for how they’ve embraced me.”

A youth soccer player, Embiid didn’t pick up a basketball until he was a teenager in Africa, when a friend informed him that very few 7-footers succeed in soccer.

A few months later, Embiid was lured to a basketball camp in the capital of Yaounde run by NBA veteran Luc Mbah a Moute, one of just two players from Cameroon to have played in the NBA. Mbah a Moute persuaded Embiid’s parents to let him move 6,000 miles to Florida, and helped enroll him at Montverde Academy, one of the best high school programs in the country. He played just 28 games in his lone season at Kansas before leaving for the NBA.

Embiid missed his first two full seasons with injuries before settling in as one of the top big men — and richest players — of his generation.

AP NBA: https://apnews.com/hub/NBA

Toyota returns to Formula 1 in technical partnership with the US-based Haas team

2024-10-11 14:56 Last Updated At：15:00

TOKYO (AP) — Toyota is returning to Formula 1 after 15 years as the Japanese automaker becomes a “technical partner” of American racing team Haas.

There will be Toyota branding on the Haas cars starting from next week's United States Grand Prix in Austin, Texas, and the auto giant's racing division will provide “design, technical and manufacturing services” to the North Carolina-based team.

This doesn't mean a return of the Toyota works team which raced in F1 for eight seasons until 2009, however.

Toyota Chairman Aiko Toyoda, speaking Friday, suggested he had second thoughts about pulling out of F1. But not for obvious reasons.

“I think that, somewhere deep in his heart, that ordinary older car-loving guy Akio Toyoda had always regretted having blocked — by pulling out of F1 — Japanese youths' path toward driving the world's fastest cars,” he said.

And then he added: “That said, with the media watching my every step, I dare to add that I still believe my decision as the president of Toyota to withdraw from F1 was not wrong.”

Haas will still race under its own name and Toyota isn't going to be supplying engines like it did for other teams in the 2000s.

Haas already has an agreement to use Ferrari engines through 2028 as part of an existing partnership which dates to Haas' first F1 season in 2016. Haas previously extended its Ferrari deal in July to cover the new F1 regulations coming in 2026.

The announcement of the “multi-year agreement” seemed to suggest Toyota could seek to place a driver with Haas, which doesn't have a spare seat for next year.

The head of Toyota's Gazoo racing division, Tomoya Takahashi, said in a statement Friday that Toyota would aim to “cultivate drivers, engineers, and mechanics” in its partnership with Haas. The team has already signed Ferrari reserve Oliver Bearman and the experienced Esteban Ocon, who's currently at Alpine, as its drivers for 2025.

“Some might jump to the conclusion: Toyota is back in F1. But that's not the case,” Takahashi added, calling it a “technical partnership."

“Through this partnership we believe it would be fantastic if we could develop drivers who can secure regular seats in F1 in the future.”

Toyota spent lavishly when it joined F1 in 2002 as it attempted to build a title-winning team, but never won a race despite several near-misses.

Toyota made a sudden announcement at the end of the 2009 season that is was leaving F1 as part of a cost-cutting program even though it had almost finished designing its car for the following season.

Since then, Toyota has focused on other forms of auto racing like NASCAR, the Le Mans 24-hour race — where it has a rivalry with Ferrari — and rallying.

The Toyota-Haas F1 announcement Friday came just over a week after the company was among three big Japanese firms which pulled sponsorship money out of the Olympics.

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Ellingworth reported from Duesseldorf, Germany. Yuri Kageyama in Tokyo contributed.

AP auto racing: https://apnews.com/hub/auto-racing