Magic: Franz Wagner Conform to Rookie Extension; How A lot Will He Get

The Orlando Magic have secured certainly one of their franchise cornerstones for the long run.

The staff has signed ahead Franz Wagner to a five-year most rookie extension valued at $224 million, which is able to account for 25% of the staff’s 2025-26 wage cap within the first yr of the deal, in response to league insider Adrian Wojnarowski of ESPN.

If Wagner makes the All-NBA staff subsequent season, the contract may attain as much as $269 million, or 30% of the Magic’s 2025-26 wage cap. 

The Magic chosen the German with the eighth total choose within the 2021 NBA Draft, and he’s extensively thought of the most effective participant to come back in another country since Dallas Mavericks legend Dirk Nowitzki.

Read extra: Portland Trail Blazers Can Trade Promising Young Guard After Committing Rebuild Around Scoot Henderson and Shaedon Sharpe 

Wagner’s older brother, Mo, additionally performs as a middle for the Magic, having not too long ago agreed to a two-year contract price $22 million to stick with the staff final Tuesday, July 2. 

Orlando Magic massively improved final season

The 22-year-old averaged 19.7 factors, 5.3 rebounds, and three.7 assists in 72 common season video games because the Magic returned to the NBA playoffs for the primary time for the reason that 2019-20 season.

Orlando additionally posted a regular-season report of 47-35 in 2023-24, good for fifth within the Eastern Conference and their greatest report for the reason that 2010-11 season, after they went 52-30 within the penultimate season of former star Dwight Howard. 

However, the Magic have been eradicated within the first spherical of the 2024 NBA Playoffs by the Cleveland Cavaliers in a hard-fought seven-game collection.

Related Article: Australian Boomers Announces 2024 Olympics Squad Bound for Paris, Features Nine Players With NBA Experience 

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