Tyrese Maxey Signs $204M Max Contract with Philadelphia 76ers

New Contract

• The Sixers and Tyrese Maxey agreed to a five-year, $204 million contract
• The 23-year-old guard is signed through the 2028-29 season
• Maxey averaged career highs of 25.9 points, 6.2 assists and 3.7 rebounds per game this past season

Recent Success

Maxey averaged career highs of 25.9 points, 6.2 assists and 3.7 rebounds per game this past season, capturing Most Improved Player honors and making his first All-Star appearance. Embiid and Maxey led Philadelphia to a 47-35 record, seventh place in the East and a berth in the play-in tournament this past season. The Sixers lost in six games to the New York Knicks in the opening round of the playoffs. Maxey averaged 29.8 points, 6.8 assists and 5.2 rebounds per game in the series.

Future Expectations

This past season marked an unmitigated success for Maxey, though his defensive deficiencies may come under a microscope now that he will be paid 25% of the salary cap. New York Knicks guard Jalen Brunson outperformed Maxey in their first-round playoff series, despite Maxey's 46-point outburst in Game 5. Maxey is still far from a finished product. Embiid's happiness in Philadelphia will depend a great deal on Maxey's development, along with the team's prospects in free agency. The Sixers entered this summer with more than $50 million in cap space, which is pretty much spent as the teams also agreed to free agent deals with center Andre Drummond and wing Kelly Oubre Jr.

Player	Years	Salary
Tyrese Maxey	5	$204 million