Franz Wagner averaged career highs in points, rebounds and assists in 2023-24.
Orlando Magic forward Franz Wagner reportedly has agreed to a five-year, $224 million rookie maximum extension. The contract value could reach $270 million if he becomes supermax eligible, according to multiple reports
Wagner can sign the deal on July 6, when the league’s offseason moratorium on such moves is lifted.
BREAKING: Orlando Magic forward Franz Wagner has agreed on a five-year maximum rookie contract extension worth up to $270 million, league sources tell @TheAthletic @Stadium. Wagner, 22, has cemented himself as a cornerstone for the Magic. pic.twitter.com/aRcIjkWWI3
— Shams Charania (@ShamsCharania) July 5, 2024
ESPN Sources: Orlando Magic forward Franz Wagner has agreed on a five-year, $224 million maximum rookie contract extension – a deal that could become worth as much as $269 million. pic.twitter.com/uWrTFV6hrm
— Adrian Wojnarowski (@wojespn) July 5, 2024
Drafted No. 8 overall by the Magic in 2021, the young German forward has blossomed into a well-rounded scorer and a contributor on both ends of the court.
The 22-year-old forward, who helped Germany win the World Cup last summer and is slated to play at the Paris Olympics starting later this month, has teamed with Paolo Banchero to give the Magic one of the league’s top young frontcourts. Wagner, who played at Michigan, has started all 231 of his appearances with Orlando.
In 72 games last season, Wagner set career bests in points (19.7 ppg) , rebounds (5.3 rpg) and assists (3.7 apg) — and helped the Magic win the Southeast Division and return to the playoffs for the first time since 2019-20.
Information from The Associated Press was used in this report.
