Sixers forward Robert Covington is about to get a big raise.

The 76ers and Covington are finalizing the framework of a four-year, $62 million contract extension, according to Adrian Wojnarowski of ESPN.com.

Covington would have been a restricted free agent in the summer of 2018.

Entering year five of his career, Covington gets a major raise, his salary for this year was just $1.57 million.  With this new deal, which will take him to the 2021-2022 season, he'll now make $15 million annually.  The renegotiation is the largest single-season figure negotiated since that became an available contractual avenue in the NBA.

Covington is off terrific start to season, averaging 16.8 points, 5.7 rebounds per game and shooting 50.0 percent from three-point range in the first 13 games. H

Covington’s extension shows a commitment to him, along with Ben Simmons and Joel Embiid, despite not being drafted out of Tennessee State

The 26-year-old was signed by the Sixers in 2014 from the Houston Rockets D-League affiliate.