The 76ers plan to sign forward Robert Covington Friday to a four-year renegotiation-and-extension contract worth $62 million, according to The Vertical .
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Part of the deal that will keep Covington under contract through the 2021-22 season will be restructured into the 76ers' allotted cap space this season, with the rest going into the added four years.
Covington has developed into a solid two-way player in recent seasons, averaging at least 12.8 points since the 2014-15 season. Covington entered Wednesday night's game against the Lakers averaging 16.8 points per game.
Covington's 2017-18 contract will be renegotiated with the #sixers remaining cap space, then he'll receive a 4-year extension worth roughly $45 million, per sources.
— Derek Bodner (@DerekBodnerNBA) November 16, 2017
Rough numbers for the Covington extension:
— Derek Bodner (@DerekBodnerNBA) November 16, 2017
2017-18: $16,698,103
2018-19: $10,018,862
2019-20: $10,820,371
2020-21: $11,621,880
2021-22: $12,423,389
Finally healthy, the young 76ers (7-6) are trying to make the playoffs for the first time since 2011-12.