22-year-old German forward Franz Wagner signs a $224M, 5-year contract extension with Orlando Magic.

22-year-old German forward Franz Wagner has agreed to a five-year, $224 million contract extension with the Orlando Magic, making it the largest deal in the club's history. Wagner, drafted eighth overall in 2021, has averaged 17.8 points in his three seasons with the Magic and has started all 231 of his appearances. The contract, which could reach up to $270 million if Wagner becomes supermax eligible, will begin in the 2025-26 season.

July 05, 2024
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