Orlando Magic forward Franz Wagner has signed a historic five-year contract extension worth at least $224 million, making it the largest deal in the team’s history. The contract includes the potential for Wagner to earn up to 30% of the team’s salary cap if he meets certain eligibility requirements, such as being selected to an All-NBA team or becoming an All-Star starter.
Wagner, known for his offensive prowess and defensive skills, has been a key player for the Magic since being drafted in 2021. Despite missing some games due to injury, he has proven to be a consistent and durable asset to the team. His performance has steadily improved over the past seasons, with impressive stats in scoring, rebounding, and assists.
Teaming up with Paolo Banchero, Wagner has helped solidify the Magic’s frontcourt and contribute to the team’s success. The Magic have seen significant improvement in their win total over the past couple of seasons, culminating in a playoff berth last year. Wagner’s extension reflects the team’s commitment to building a competitive roster for the future.
With the extension kicking in from the 2025-26 season, Wagner will remain a cornerstone player for the Magic for years to come. His partnership with his brother Moe, who also plays for the team, adds a unique dynamic to the Magic’s roster. As both players continue to grow and develop, the Magic look poised to make a mark in the NBA.
Wagner’s contract extension is a testament to his talent and potential as a player in the league. As he continues to hone his skills and contribute to the Magic’s success, his impact on the team is sure to be significant in the seasons ahead.
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