Report: 76ers G Tyrese Maxey lands $204M extension

Philadelphia 76ers guard Tyrese Maxey agreed to a five-year, $204 million maximum contract extension, ESPN reported Monday.

A first-time All-Star in 2023-24, Maxey was named the NBA's Most Improved Player and also took home the league's Sportsmanship Award.

Maxey, 23, improved his scoring average from 20.3 in 2022-23 to 25.9 this season, and also set career bests in assists (6.2), rebounds (3.7), steals (1.0) and blocks (0.5) as well as minutes (37.5).

He ranked 11th in the league in scoring average and 20th in assists. He also made a career-best 212 3-pointers, up from 160 last season. He tied for the league lead with three 50-point games.

Philadelphia selected Maxey 21st overall in the 2020 NBA Draft out of Kentucky. He has career averages of 18.2 points, 4.1 assists and 2.9 rebounds in 266 games (193 starts).

Maxey is eligible to sign the extension on Saturday. The deal does not include any option years, per the report.

--Field Level Media