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19h ago

Magic Lock Up Banchero With Five-Year Rookie Max Extension

It features a rare fifth-year player option with performance triggers that could raise the contract to $287 million

Paolo Banchero
Apr 27, 2025; Orlando, Florida, USA; Orlando Magic forward Paolo Banchero (5) is guarded by Boston Celtics guard Derrick White (9) in the second quarter during game four of first round for the 2025 NBA Playoffs at Kia Center. Mandatory Credit: Nathan Ray Seebeck-Imagn Images/File Photo
Magic forward Paolo Banchero slams in two of his 50 points in Monday's game against the Pacers.

Overview

  • The five-year extension begins in the 2026-27 season and guarantees Paolo Banchero $239 million, with the opportunity to earn an additional $48 million through performance incentives.
  • The deal includes a player option for the 2030-31 season, marking the first rookie-scale extension to feature such an option since 2021.
  • Supermax triggers tied to All-NBA, Most Valuable Player or Defensive Player of the Year honors can elevate Banchero’s base salary to the league’s top tier.
  • Orlando now has its young core—Banchero, Franz Wagner and Jalen Suggs—under contract for the next five seasons, alongside Desmond Bane through 2028-29.
  • Despite missing 34 games last season with a torn oblique, Banchero averaged career highs of 25.9 points and 7.5 rebounds and has scored at least 20 points per game in each of his first three NBA seasons.