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Orlando Magic Sign Paolo Banchero to $239M Extension

7/8/2025

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Summary

Story summary

The Orlando Magic have made a bold move by signing forward Paolo Banchero to a staggering five-year, $239 million rookie maximum extension, which could soar to $287 million with performance incentives. Despite battling injuries and playing just 46 games last season, Banchero, the top pick of the 2022 NBA Draft, averaged an impressive 25.9 points, solidifying the Magic's commitment to their promising young core.

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Story summary

The Orlando Magic have made a bold move by signing forward Paolo Banchero to a staggering five-year, $239 million rookie maximum extension, which could soar to $287 million with performance incentives. Despite battling injuries and playing just 46 games last season, Banchero, the top pick of the 2022 NBA Draft, averaged an impressive 25.9 points, solidifying the Magic's commitment to their promising young core.