Ben Simmons has officially signed his five-year, $170 million maximum contract extension. Philadelphia 76ers General Manager Elton Brand made the announcement. This contract extends Simmons through the 2024-2025 campaign.

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Not even 23 years-old, Simmons has already won Rookie of the Year in his first season, and was an All-Star in his second year. Brand says “Ben Simmons is an important piece of our core and he is one of the NBA’s most dynamic and talented young players,” and he positively impacts the game in many ways.

Overall, Simmons has appeared in 160 games over two seasons with Philadelphia and this past season averaged career highs in points (16.9) and rebounds (8.8).

Simmons has contributed to the consecutive 50-plus win seasons for the first time since 1979-86 when the team featured Hall of Famers, Julius Erving and Maurice Cheeks.