On July 1, Beijing time, according to Woj, Maxey has agreed in principle to renew a new five-year, $204 million contract with the 76ers. Embiid, Maxey and George all have long-term contracts, and the 76ers have a core team that has been contending for championships in recent years. This contract is fully guaranteed, with no options.
Salary expert Bobby Marks says Maxey will sign the contract after Philadelphia uses salary space to sign Paul George and other free agents. Thanks to Maxi for his patience. He was eligible to sign a contract extension last offseason, but both sides decided to delay it for a year. That would give the 76ers an additional $22 million in salary headroom to chase a player like Paul George. Maxi's 5-year contract is as follows -
24/25 season - $35.14 million
25/26 season - $37.96 million
26/27 season - $40.77 million
27/28 season - $43.58 million
28/29 season - $46.39 million
In the 2023-24 season, Maxey played in 70 regular season games for the 76ers, averaging 25.9 points, 3.7 rebounds and 6.2 assists per game. The 76ers went 47-35 in the regular season and ranked 7th in the East, losing 2-4 to the Knicks in the first round of the playoffs and being eliminated. In the new season, the 76ers' championship prospects are optimistic, and they are currently tied for second in the odds to win the championship, second only to the Green Army.