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Tyrese Maxey Agrees to Five-Year, $205M Maximum Extension with 76ers After Securing Paul George

Jul 1, 2024, 12:59 PM

Tyrese Maxey has agreed in principle to a five-year, $205 million maximum contract extension with the Philadelphia 76ers. The deal, reported by multiple sources including ESPN and The Athletic, will see Maxey earning $35.14 million in the 2024-25 season, escalating to $46.39 million in the 2028-29 season. Maxey, who had a breakout All-Star season at 23 years old, and his agent, Rich Paul, Klutch Sports CEO, waited a year to finalize the deal to allow the 76ers to maximize their salary cap space. The extension comes after the 76ers secured Paul George, forming a formidable trio with Joel Embiid. The agreement underscores Maxey's value to the team and his expected role in their championship aspirations.