The Orlando Magic have reportedly agreed to a five-year max contract extension with star forward, Paolo Banchero. The deal is for reportedly $239 million with conditions to elevate his salary to the Rose rule max if he makes an All-NBA Team. The contract also includes a player option for 2030-31. Luka Dončić and Trae Young were the last two NBA players to have a player option on their rookie max deal. Orlando has made it clear that Paolo Banchero is their franchise cornerstone and are making sure he is with the organization for the long-term future. With the Eastern Conference wide open next year, the Magic are hoping that Banchero will take the next step in his development and lead Orlando to a deep playoff run.
