Philadelphia, Pennsylvania - Joel Embiid will sign a four-year, $196-million supermax extension with the Philadelphia 76ers following his near-MVP efforts in 2020-21.

Widespread reports detailed the deal on Tuesday, which rewards an outstanding season for the All-Star center.

Embiid became eligible for the extension after finishing second in the MVP voting and making the All-NBA Second Team.

But for injury, the big man might have scooped the top award, for which he was the favorite until a knee problem in March.

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The 76ers were only 10-11 without Embiid, but their 39-12 record with their outstanding star on the floor was enough to finish first in the Eastern Conference.

Embiid's 28.5 points per game were a career high and ranked fourth in the NBA despite the ongoing knee issue – a torn meniscus, which he played with into the postseason – limiting the former third overall pick to 31.1 minutes.

Per 75 possessions, his 32.9 points led the league, boosted by improvement in field-goal percentage (51.3%), three-point percentage (37.7%), and accuracy from the foul line (85.9%).

Embiid's new deal, which runs through the 2026-27 season, reportedly includes a player option for the final year, although the Sixers do not have the same protection in case of further injuries.

Embiid is yet to play more than 64 games in a regular season in the NBA, with the start to his career delayed by two years due to foot surgery.