US EditionMagic and Paolo Banchero Agree on a 5-Year Extension. Total Value Could Reach $287 Million
ORANGE COUNTY, FLORIDA, JUL 7 – Paolo Banchero’s five-year, $239 million rookie max extension with performance triggers could reach $287 million, making it the largest rookie deal in Orlando Magic history.
- On Monday, Orlando Magic star Paolo Banchero agreed to a five-year, $239 million rookie extension potentially rising to $287 million with performance triggers.
- Following a season averaging 25.9 points, 7.5 rebounds, and 4.8 assists in 46 games despite missing 34 games with a torn oblique muscle, Banchero's breakout season prompted the deal.
- Banchero's extension includes a player option for 2030-31 and a 30% salary increase if he makes All-NBA, MVP, or Defensive Player of the Year, confirmed by agent Mike Miller.
- The Magic's five-year, $239 million extension for Banchero, with a possible $287 million total, locks in their core for contention; the deal includes a rare player option, signaling long-term confidence.
- The Magic's recent back-to-back 40-win seasons, their first since 2009-11, reflect an aggressive rebuild led by President Jeff Weltman aiming for conference contention.
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Paolo Banchero signs five-year max extension with Magic that could reach $287 million
Paolo Banchero has agreed to sign a five-year maximum rookie contract extension with the Magic that could be worth as much as $287 million, ESPN’s Shams Charania reported Monday.
·New York, United States
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"He’s not winning a ring in Orlando so he took the money" - NBA fans erupt to Paolo Banchero’s blockbuster $287 million Magic extension
The Orlando Magic have secured All-Star forward Paolo Banchero to a five-year maximum rookie extension worth up to $287 million on Monday, according to ESPN's Shams Charania.
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Total News Sources110
Leaning Left18Leaning Right7Center31Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 32%
C 55%
13%
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