Philadelphia 76ers’ Salary Cap Breakdown

Tobias Harris #12 of the Philadelphia 76ers plays against the Orlando Magic at Amway Center on December 31, 2020 in Orlando, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Alex Menendez/Getty Images)
(Photo by Alex Menendez/Getty Images)

In signing a five-year, $180-million contract extension in late June 2019, Tobias Harris became the first-ever $30-million player in Philadelphia 76ers’ history. Harris, however, with a $32.7-million salary for the 2019-20 season, didn’t rank among the NBA’s 10 highest-paid players. 

Despite a $1.7-million salary bump in 2020-21, Harris didn’t crack the top 10 again, nor did the 76ers’ second-ever $30-millon player, Ben Simmons, in the first year of a five-year $167-million deal, or Joel Embiid in the first year of a five-year, $148-million deal. And barring surprising contractual developments within the organization and/or across the NBA, the 76ers won’t have one of the league’s 10 highest-paid players next season or in 2022-23. Nonetheless, they are one of only two teams with three players earning at least $26 million this season as they chase their first championship since 1983. (The Sixers currently fifth in NBA Championship odds in online sports betting.)

With a base salary of $25,467,250, Embiid is tied with Andrew Wiggins (and Nikola Jokic) as the 24th-highest-paid player in the NBA. And like Embiid in Harris and Simmons, Wiggins has two teammates with higher salaries: Klay Thompson (No. 10, $35.4 million) and Steph Curry (No. 1, $43 million). The 76ers don’t have a $40-million player like the Warriors (and four other teams) or two $35-million players like the Warriors and Rockets, but they have more than $94 million committed this year and nearly $325 million over the next four years to three players.

Two-Way Contracts

The NBA’s two-way contract went into effect in 2017-18 as part of the new Collective Bargaining Agreement and allows teams to carry up to two extra players in addition to the 15 players on their roster. Typically, two-way players are limited to 45 days with their NBA team (and the rest with the team’s G League affiliate) and are paid for each day spent on the NBA roster. However, during the shortened 2020-21 season, two-way players may be active for up to 50 of the NBA team’s 72 games and receive a flat salary of $449,155.

These salaries don’t count against the salary cap, but they’re worth mentioning as Dakota Mathias and Paul Reed are making $449,155 apiece as the 76ers’ two-way players.

Dead Cap

The 76ers were one of seven teams with $0 in dead money last year. They have dead money in 2020-21, though on an NBA balance sheet with a nine-figure salary cap, their dead money is negligible. Justin Anderson’s $125,000 dead cap hit is 0.08 percent of the total cap allocation.

For context, Tobias Harris will earn $477,206 for each of the 76ers’ 72 games this season.

2020-21 Salaries

The drop from Embiid to the 76ers’ next highest-paid player, Danny Green, is substantial, as is the drop from Green to Seth Curry and everyone else:

Tobias Harris: $34,358,850

Ben Simmons: $30,559,200

Joel Embiid: $29,542,010

Danny Green: $15,365,854

Seth Curry: $7,834,449

Mike Scott: $5,005,350

Terrance Ferguson: $3,944,013

Tony Bradley: $3,944,013

Matisse Thybulle: $2,711,280

Vincent Poirier: $2,619,207

Tyrese Maxey: $2,478,840

Furhan Korkmaz: $1,762,796

Shake Milton: $1,701,593

Dwight Howard: $1,620,564

Isaiah Joe: $898,310

Future Guaranteed Cash

Harris, Simmons, and Embiid are three of seven players with future guaranteed cash. Their total ($324,779,470) accounts for 93 percent of the organization’s total ($350,291,440):

Ben Simmons: $146,684,160 

  • 2021-22: $33,616,770
  • 2022-23: $35,448,672
  • 2023-24: $37,893,408
  • 2024-25: $40,338,144

Tobias Harris: $112,899,150

  • 2021-22: $35,995,950
  • 2022-23: $37,633,050
  • 2023-24: $39,270,150

Joel Embiid: $65,196,160

  • 2021-22: $31,579,390
  • 2022-23: $33,616,770

Seth Curry: $16,704,171

Curry is in the second year of a four-year, $32-million deal:

  • 2021-22: $8,186,047
  • 2022-23: $8,496,653

Matisse Thybulle: $2,840,160

Thybulle is in the second year of a three-year, $8.1-million deal:

  • 2021-22: $2,840,160

Tyrese Maxey: $2,602,920

Maxey is in the first year of a two-year, $5.1-million deal:

  • 2021-22: $2,602,920

Shake Milton: $1,846,738

Milton is in the second year of a three-year, $4.9-million deal:

  • 2021-22: $1,846,738

Isaiah Joe: $1,517,981

Joe is in the first year of a three-year, $4.2-million deal that only includes guaranteed money through the 2021-22 season:

  • 2021-22: $1,517,981

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Andrew Doughty is a writer for BetMGM and host of High Motor, a college football podcast available on Apple Podcasts and everywhere else. He has written for Sports Illustrated, HERO Sports, Bleacher Report, and SB Nation. Follow him on Twitter: @adoughty88.

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