Source: Tyrese Maxey agrees to five-year, $204 million extension with Sixers

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Source: Tyrese Maxey agrees to five-year, $204 million extension with Sixers
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With Paul George in the fold, the Sixers extended Maxey following his first All-Star season.

Maxey, 23, had to patiently wait for this extension, which he was eligible to sign last summer. But pushing the move until now gave Maxey a smaller $13 million cap hold, allowing the Sixers the space to offer George the maximum salary.

Murphy: Paul George was the Sixers’ only hope for a title. The risk is big. The odds speak for themselves. It paid off for the Sixers, and for Maxey. The 6-foot-2 guard also guaranteed himself a lucrative deal with his breakout 2023-24 season, during which he was named a first-time All-Star and the winner of the NBA’s Most Improved Player award. He averaged a career-high 25.9 points and 6.2 assists, forming a dangerous two-man combination with Embiid.

It is the latest accomplishment in Maxey’s sharp ascension into one of the NBA’s top young players. He was drafted 21st overall in 2020, but has become known for his ability to explode to the basket with the ball in his hands and launch deep three-pointers. Following the messy departure ofMaxey’s extension checks another box in what has been an extremely successful offseason so far for the Sixers.

After selecting Duke’s Jared McCain with the No. 16 pick in the NBA Draft, the 76ers are gearing up for a crucial free-agency period beginning at 6 p.m. Sunday. With ample salary-cap space available, the Sixers are in position to make significant moves to bolster their roster around All-Stars Joel Embiid and Tyrese Maxey. Join Inquirer beat reporters, as they recap the flurry of initial signings for the Sixers and around the league.

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