On Sunday, Daryl Morey, the Sixers’ President of Basketball Operations, announced that Maxey had re-signed with the team in an extension deal described as “a reflection of our belief in Tyrese” after four seasons.

“Tyrese subscribes to the philosophy that every day is a chance to get one percent better and he’s proven that and then some in his first four seasons in the NBA,” Morey said. “He comes from an amazing family and is one of the hardest workers I’ve ever met.”

In his own statement, Josh Harris, a managing partner for the Sixers, pointed to Maxey’s “work ethic, drive, and energy” as a source of inspiration for the entire organization.

“I’m thrilled that he will be one of our franchise cornerstones for many years to come,” Harris added.

The deal is reported to be worth $204 million and sees Maxey staying with the Sixers for five more years.

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