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Adrian Wojnarowski: Details on Ben Simmons’ five-year, $170M contract with the Sixers: No option in final year and a 15 percent trade kicker, league sources tell ESPN.
Bobby Marks: Simmons contract can increase to five-years/$203.6M with a year 1 cap hit of $35.1M (up from $29.25M).
Derek Bodner: #Sixers announce Ben Simmons contract extension. pic.twitter.com/7Df09fvaRp
Keith Pompey: Sixers GM Elton Brand on @Ben Simmons, who signed his contract extension: “Ben Simmons is an important piece of our core and he is one of the NBA’s most dynamic and talented young players. …..
Simmons will have a poison pill restriction in his contract as part of signing a rookie extension. For trade purposes, his $8.1M salary for 2019-20 would be used as outgoing salary and $29.6M (the average over 6 years) would count as incoming for the acquiring team.
Shams Charania: Philadelphia 76ers star Ben Simmons has agreed to a five-year, $170 million maximum contract extension, agent Rich Paul tells @The Athletic @Stadium.
Sixers general manager Elton Brand and Simmons’ agent Rich Paul of Klutch Sports have until mid-October to finalize a rookie extension, but there’s a shared expectation a signed agreement will come significantly sooner, league sources said.
Chris Mannix: Sixers GM Elton Brand has said—including on the podcast—that when it came Ben Simmons time, he was a max guy. Locking Simmons up long term was likely an easy decision.
Bobby Marks: four-year supermax extension for Damian Lillard would be $183.45M based off the $117M projected 2020-21 cap. Five-year rookie extension max for Ben Simmons would be $169.65M.
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June 29, 2022 | 2:15 pm EDT Update
Khobi Price: NEW — The Orlando Magic aren’t expected to tender a qualifying offer to Mo Bamba by the end of Wednesday, which will make him an unrestricted free agent on Thursday, a person with knowledge of the situation orlando sports. Raptors, Knicks, Lakers, Rockets, Heat, Timberwolves to be interested.