Joel Embiid and the Philadelphia 76ers have agreed to a three-year, $192.9 million maximum contract extension, a source familiar with the contract figures told CNN.

All-Star center Joel Embiid signed a three-year, $192.9 extension with the Philadelphia 76ers, a person with direct knowledge of the situation told USA TODAY Sports. The person requested anonymity because he was not authorized to speak publicly about financial details.

The Philadelphia 76ers and Joel Embiid agreed to a multi-year contract extension Friday morning, keeping the 2022-2023 NBA MVP with the Sixers through 2029.The Sixers did not release the terms of the contract extension,