With Paolo Banchero agreeing to an enormous extension, the Orlando Magic locked in one other key piece to what might doubtlessly be a burgeoning Japanese Convention energy.
On Monday, ESPN NBA insider Shams Charania reported that the Magic and Banchero have agreed to a five-year rookie extension price a most of $287M.
Nearly precisely one yr in the past on July 5, 2024, the Magic prolonged ahead Franz Wagner to a five-year deal price as much as $269M. Each he and Banchero, the No. 1 general choose of the 2022 NBA Draft, have blossomed into cornerstones of a Magic squad seeking to take a leap after consecutive first-round playoff exits.
From the 2020-21 by 2022-23 seasons, Orlando had the NBA’s third-worst record (77-159), forward of solely the Detroit Pistons (60-176) and Houston Rockets (59-177). It is improved considerably within the two years since, and whereas accidents hampered the 2024-25 season, there are many causes to anticipate one of the best years of this core lie forward.
Banchero began simply 46 video games final season after struggling a torn indirect in an October 2024 loss to the Chicago Bulls. He returned from harm in January and ended the yr averaging career-highs in factors (25.9) and rebounds (7.5) per sport.
With uncertainty surrounding a number of viable East contenders, together with the Milwaukee Bucks, Boston Celtics and Indiana Pacers, Orlando has positioned itself to take benefit.
Along with signing Banchero and Wagner to profitable extensions, the Magic acquired shooting guard Desmond Bane from the Memphis Grizzlies earlier this offseason for capturing guard Kentavious Caldwell-Pope, level guard Cole Anthony, 4 unprotected first-round picks and a future first-round choose swap.
The entrance workplace’s current strikes counsel it believes the Magic have a official shot of rising within the close to future as a perennial title contender. Based mostly on the numerous monetary sources and draft capital spent, they have to.
