Franz Wagner is staying in Orlando. On Friday, the German ahead signed a large five-year, $224 million contract extension that may hold him with the Orlando Magic for the close to future, per ESPN’s Adrian Wojnarowski.
The deal, which is a most rookie extension, could possibly be value as a lot as $269 million. Per Wojnarowski, Wagner is eligible to earn 30 % of Orlando’s wage cap if he is voted to the All-NBA group.
ESPN Sources: Orlando Magic ahead Franz Wagner has agreed on a five-year, $224 million most rookie contract extension – a deal that might grow to be value as a lot as $269 million. pic.twitter.com/uWrTFV6hrm
— Adrian Wojnarowski (@wojespn) July 5, 2024
In 2023-24, Wagner averaged 19.7 factors per sport, second solely to teammate Paolo Banchero, and in addition chipped in a mean of 5.3 rebounds and three.7 assists.
Wagner has additionally been probably the most constant gamers for the Magic when it comes to video games performed: In three seasons in Orlando, he has missed solely 15 video games whole, and has racked up greater than 7,000 minutes of taking part in time. Final season, he averaged 32 minutes per sport.
Wagner was chosen by the Magic eighth total within the 2021 draft, and shortly grew to become an important starter for Orlando. He was named to the NBA All-Rookie First Crew in 2022 after averaging 15.2 factors and 31 minutes per sport.
Wagner joined his brother, Moritz Wagner, on the Magic. The 2 are one among 13 units of brothers within the NBA, however are one among solely three — together with Giannis and Thanasis Antetokounmpo and Brook and Robin Lopez, who all play for the Milwaukee Bucks — that play for a similar group.
Final summer season, each Wagners helped lead Germany to a gold medal on the 2023 FIBA World Cup, with Franz incomes All-Event Second Crew honors for his efforts. The 2 are anticipated to play for Germany on the Olympics in Paris this summer season.