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Report: Ben Simmons agrees to 5-year, $170 million extension with Sixers

Ben Simmons, 76ers

Philadelphia 76ers star Ben Simmons has agreed to a five-year, $170 million maximum contract extension of his rookie contract, according to Shams Charania of The Athletic.

The Sixers were reportedly inching closer to a securing a deal with the 6-foot-10 Simmons, who will break into his third season in the league after missing his first year with a foot injury.

Only two years ago, Philly inked Joel Embiid to a similar contract, one that paid $148 million over five seasons. Simmons, who is represented by Rich Paul of Klutch Sports, will make a hefty bit more than his All-Star teammate, considering the ballooning of the salary cap over the last few years.

The Sixers have now locked Tobias Harris (five years, $190 million), Al Horford (four years, $109 million), Embiid, and now Simmons for the foreseeable future — one that can show its repercussions as soon as next season, once Simmons plays out the last year of his original rookie deal for $8.1 million.

From then on, Simmons stands to make a hefty $34 million per season, second only to Harris, who just scored the motherlode upon returning to the City of Brotherly Love.

Philadelphia is now set up to contend for the next few years, assuming they’re willing to pay these hefty salaries and the taxable consequences that will emanate from them.

General manager Elton Brand’s vision of having four All-Stars in one team is now in full fruition, but it will be this team’s performance that determines whether this Phantastic Four will remain together for years to come or not.