The Magic are signing Franz Wagner to a five-year, maximum-salary rookie scale extension, stories Shams Charania of The Athletic and Stadium.
Wagner’s extension, which is able to start in 2025-26, incorporates Rose rule language. Wagner would want to win MVP, Defensive Participant of the 12 months, or make an All-NBA group in 2024-25 with a purpose to earn 30% of the 2025-26 wage cap as an alternative of 25%.
Assuming the wage cap rises by 10% in 2025-26, Wagner will earn at the least $224M from 2025-30, with the potential to make about $269M. ESPN’s Bobby Marks has a year-by-year breakdown of the projected extension.
The No. 8 total decide of the 2021 draft after two faculty seasons at Michigan, Wagner has began each recreation by which he’s appeared for Orlando over his first three NBA seasons. The 22-year-old German posted profession highs in a number of statistics in 2023-24, together with factors (19.7), rebounds (5.3), assists (3.7) and steals per recreation (1.1).
Along with his two-way versatility, the 6-foot-10 ahead has been fairly sturdy so far in his profession, solely lacking 15 of a potential 246 regular-season video games. Wagner received a gold medal with Germany finally summer season’s World Cup and was on the group’s preliminary roster forward of the 2024 Olympics in Paris, which open in late July. He referred to as the prospect to play within the Olympics “a dream come true.”
Wagner is the second participant to conform to a rookie scale extension this summer season, becoming a member of Raptors ahead Scottie Barnes, who may even be signing a five-year max deal that includes Rose rule language. Pistons guard Cade Cunningham can also be anticipated to signal a max extension, however the deal has but to be finalized.
Wagner will earn simply over $7M subsequent season within the remaining marketing campaign of his rookie scale contract.
