Franz Wagner is staying in Orlando. On Friday, the German ahead agreed to an enormous five-year, $224 million contract extension that can maintain him with the Magic for the close to future, per ESPN’s Adrian Wojnarowski.
The deal, which is a most rookie extension, may very well be price as a lot as $269 million. Per Wojnarowski, Wagner is eligible to earn 30 p.c of Orlando’s wage cap if he is voted to the All-NBA staff.
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 price as a lot as $269 million. pic.twitter.com/uWrTFV6hrm
— Adrian Wojnarowski (@wojespn) July 5, 2024
Wagner averaged 19.7 factors per recreation final season, second solely to teammate Paolo Banchero, and likewise chipped in 5.3 rebounds and three.7 assists per recreation.
Wagner has additionally been one of the vital constant gamers for the Magic by way of 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. Final season, he averaged 32 minutes per recreation.
Wagner was chosen by the Magic eighth total within the 2021 draft and rapidly turned an important starter. He was named to the NBA All-Rookie First Crew in 2022 after averaging 15.2 factors and 31 minutes per recreation.
Wagner joined his brother, Mo Wagner, on the Magic. The 2 are considered one of 13 units of brothers within the NBA, however are considered one of 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 staff.
Final summer time, 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 time.