According to previous reports, Embiid signed a three-year, $193 million contract extension with the 76ers.
Subsequently, NBA insider Smith updated his social media stating:
“This offseason, the NBA has already signed 384 new contracts, with a total value close to $6.6 billion, including over $5.7 billion in guaranteed money. And with more trades on the horizon, the new total amount will exceed $7 billion.”
NBA signed a number of contracts this offseason with a total value close to $1 billion & is expected to exceed $1 billion. Author:Sports UEFA.Please indicate the source when reproduced:https://www.sportsuefa.com/basketball-headlines/nba-signed-a-number-of-contracts-this-offseason-with-a-total-value-close-to-1-billion-is-expected-to-exceed-1-billion.html