Welcome, everybody. This is Derek Bodner, joined by Rich Hoffman on this week's Sixers Beat, a part of the CLNS Media Network.

A lot going on, for late July at least. There's a bit going on. We have not really grainy Instagram videos anymore.

Like I feel like the quality of Instagram videos has gone up over the last few years

since we've been doing this podcast.

We have Instagram videos to talk about because that is the NBA in 2019,

especially when you have point guards who can't shoot,

which the Sixers seem to stockpile.

We've got a couple more bench pieces signed to the roster.

We had a summer league come and go.

How you doing, Rich?

I'm good, man.

Yeah, a little busy at the end of...

It's not yet August, which is nice.

Yeah, but we're in the home stretch.

I mean, you know, when you get the, the FERC and Cork-Maz news, uh, it's, uh, it's about time to go on vacation. Yes. Well, when that is a highlight of your six years of week, you know that the, uh, free agency period is dwindling down. I guess we'll start off real quick with Ben Simmons,

who signed a contract extension, a five-year contract extension,

so meaning he is under contract for the next six years,

exactly how much that contract extension will be for we do not yet. No, base salary is at five years, $170 million.

It can then rise up.

You know, basically 170 would be at 25% of the cap.

That's an estimate because that won't be set until next summer when the salary cap is officially set.

But a five-year 170 estimate is 25% of cap.

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