Sixers sign Robert Covington to contract extension

President of Basketball Operations Bryan Colangelo announced today that the Philadelphia 76ers have restructured the terms of forward Robert Covington’s contract for the current season and signed Covington to a multi-year contract extension. According to ESPN.com, it is a four-year, $62 million extension that “will include a $15 million renegotiation bump on Covington’s $1.57 million salary