The Orlando Magic and Paolo Banchero have agreed on a 5 year $239 million rookie contract extension. The deal has Designated Rookie language written into it that could allow the contract to reach up to $287 million. He can earn 30% of the cap if he earns an All-NBA team, MVP or Defensive Player of the Year award next season.

The agreement is based on a $165,472,000 cap maximum.

Estimated Salaries (25% of cap):

2026-27: $41,368,000
2027-28: $44,677,440
2028-29: $47,986,880
2029-30: $51,296,320
2030-31: $54,605,760
Total: $239,934,400

Estimated Salaries (30% of cap if triggered):

2026-27: $49,641,600
2027-28: $53,612,928
2028-29: $57,584,256
2029-30: $61,555,584
2030-31: $65,526,912
Total: $287,921,280

 

Â