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Paolo Banchero Agrees to Five-Year Rookie Max Extension with Supermax Triggers

The deal boosts potential earnings to $287 million through performance triggers, offering a rare player option for the 2030-31 season.

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.
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Overview

  • The extension’s base value is $239 million over five years before performance escalators.
  • Triggers for All-NBA or All-Defensive selections, MVP or Defensive Player of the Year honors convert the deal into a supermax contract.
  • A player option for the 2030-31 season makes this the first rookie-scale extension with such a clause since 2021.
  • Orlando now has its core trio of Banchero, Franz Wagner and Jalen Suggs under contract through the next five seasons and newcomer Desmond Bane through 2028-29.
  • After missing 34 games with an oblique injury, Banchero finished the year with career highs in scoring, rebounding and assists, cementing his role as the franchise cornerstone.