Tue 8/21/12 3:08 PM

The 76ers are "internally preparing" a contract extension offer for Andrew Bynum, according to Philly sportscaster Jeff Skversky. Skversky reports that the deal could be worth around $20 million per year, though he stresses that all talks are occurring in-house -- the Sixers and Bynum's camp "have not begun preliminary talks regarding an extension yet." Both sides seem very interested in securing a long-term deal, so don't be surprised if Bynum is the face of the franchise (and focal point of the team's gameplan) for many years.