MAXEY’S NEW DEAL REPORTEDLY 5 YRS, $205M, WORTH THE WAIT!

By Tommy Matthews

The Sixers have Tyrese Maxey’s Bird rights, which means they can go over the cap to sign him.

The Inky’s Keith Pompey reports that the Sixers are “expected” to sign Maxey to a five-year contract worth $205 million in total.

Maxey deserves to get a huge payday for his talent and hard work but he also deserves it because his patience has allowed the Sixers to have all this cap space.

While fellow 2020 draftees Anthony Edwards, Tyrese Haliburton, LaMelo Ball, Desmond Bane, Jaden McDaniels and Devin Vassell all got lucrative five-year extensions last summer, Maxey decided to wait for his.

The Sixers were never in danger of losing him because he is now in restricted free agency but asking him to wait for his new deal after making improvements in each of his first three seasons was a major request.

Maxey waiting to get his deal paid off — literally. It wasn’t certain if he was worth a max contract after the 2022-23 season, where he was a very good role player but hadn’t yet shown for sure if he could be an All-Star. Now that he has proven to be a great second option behind Embiid, he’s undoubtedly getting maxed out. Even though he missed out on being on an All-NBA team, and thus his max deal will be worth roughly $40 million less, he’ll be getting a big contract — likely the first of many in his career.

The 76ers have a cap hold for Maxey worth $13 million. If they renounce all their other cap holds, they will have around $52 million to use. They hope to land someone like LeBron James or Paul George but could also add high-end role players on medium-sized deals to find the right star down the line.

At last season’s media day, Maxey said that he knew about the business side of the NBA but expressed his appreciation for the Sixers. Once the new roster around him and Embiid is in place, he’s going to finally get his new deal and officially be locked down for the future with Philadelphia.

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