UPDATE - Joel Embiid extends with 76ers

ADDS TEAM'S OFFICIAL ANNOUNCEMENT, HEADLINE, DECK & LEDE CHANGES

By Can Erozden and Selcuk Bugra Gokalp

ANKARA (AA) - Joel Embiid on Tuesday extended his contract with the Philadelphia 76ers, the NBA team confirmed.

"OFFICIAL! Joel Embiid has signed a multi-year contract extension to remain in Philadelphia," the 76ers said on Twitter.

In a statement, Philadelphia said that as the team's policy, the terms of the 27-year-old's deal were not cited.

Earlier Tuesday, NBA insider Shams Charania reported that Embiid has agreed to a four-year contract with the 76ers for $196 million.

Cameroonian center-forward Embiid was the MVP (Most Valuable Player) runner-up of the 2020-21 NBA season that he averaged 28.5 points and 10.6 rebounds in 51 games.

The four-time All-Star was drafted in 2014 to play for Philadelphia.