After a longer delay than some expected, the Philadelphia 76ers have finally announced the signing of Al Horford.
From the teams’ press release:
PHILADELPHIA – JULY 10, 2019 – Philadelphia 76ers General Manager Elton Brand announced today that the team has signed Al Horford. Per team policy, terms of the deal were not disclosed.
“We’re excited to welcome one of the NBA’s best frontcourt players in Al Horford to Philadelphia,” said Brand. “He has built his reputation around hard work and a tradition of winning, which are the same qualities that have formed the foundation of the 76ers. Al’s playmaking, elite defensive talents and veteran leadership confirm why he is a crucial addition to our roster. We have gained a championship-level teammate that will not only complement our current makeup, but will help grow our young core as we strive for the highest level of success.”
The press release noted that Horford will wear #42, as he had in Boston.
Horford’s four-year, $109 million contract is a front-loaded, descending contract. The per year breakdown via Jeff Siegel of Early Bird Rights:
- 2019-20: $28,311,688
- 2020-21: $27,603,896
- 2021-22: $26,896,104
- 2022-23: $26,188,312 (not fully guaranteed)
Horford’s contract will take him through his age-36 season, which gives the contract’s backside some potential to be a burden. However, given Horford’s ability to think the game just about as well as he plays it, he could age well with proper conditioning and health management.
FiveThirtyEight’s CARMELO system projects Horford to be worth about $100.2 million over the next four seasons. Their per season breakdown is:
- 2019-20: $35.4 million
- 2020-21: $26.6 million
- 2021-22: $24.7 million
- 2022-23: $13.5 million
By those numbers, Horford will be a bargain in year one of the deal, and just about appropriately compensated in years two and three. It is only the fourth year in which the Sixers would overpay if they give Horford his contract’s full value, but a reminder that the fourth year is not fully guaranteed. Of course, these are merely projections so they could end up being totally off.