Banchero is going to get PAID!
The Orlando Magic are staying busy this offseason. Paolo Banchero signed a five-year, $239 million max rookie extension on Monday. The new deal includes incentives that could bump the contract to a supermax value if certain conditions are met.
MORE: Breaking down key differences between Mike Brown and Tom Thibodeau
The contract also includes a player option for the 2030-31 season.
Paolo Banchero, Magic agree to five-year rookie max extension - via ESPN https://t.co/PJ0O0MqfzO
— Shams Charania (@ShamsCharania) July 7, 2025
Once Shams Charania reported the news, social media quickly lit up with reactions. Some fans were thrilled, while others questioned the size of the deal. Here's a look at some of the early fan responses:
"$57M a year for a dude who is allergic to winning a first round series," from this poster.
"W , dynasty builder for sure," came back with this commenter.
Another doubter here: "Yeah the market is officially cooked lmao."
And a disagreement from this one: "He deserves it all. Excited to see him with more space this season, and hopefully being healthy for the entirety of the season."
This Magic fan is pumped: "PERFECT OFFSEASON COMPLETE."
And like all others, a disagreement: "NOOOOOOOOOO."
With Banchero now locked in, the Magic also have Franz Wagner and Jalen Suggs under contract for the next five seasons. Orlando recently added Desmond Bane, who is signed through the 2028-29 season.
Banchero averaged 25.9 points and 7.5 rebounds per game last season. He turns 23 in November and was the No. 1 overall pick in the 2022 NBA Draft out of Duke. The Magic were eliminated by the Boston Celtics in the first round of the 2025 NBA Playoffs.
MORE NBA NEWS:
- Grizzlies add athletic guard in trade as roster shakeup continues
- MAJOR three-team NBA trade sends five-time NBA All-Star to new team
- Mike Brown vs. Tom Thibodeau: Is new Knicks coaching hire an upgrade?
- Is Russell Westbrook done in Denver? Patrick Beverly weighs in
- Bronny James dazzles with big dunk in blowout win over Heat
Category: Basketball
