The Magic are signing Franz Wagner to a five-year, maximum-salary rookie scale extension, reviews Shams Charania of The Athletic and Stadium.
Wagner’s extension, which is able to start in 2025/26, comprises Rose rule language. Wagner would wish to win MVP, Defensive Participant of the Yr, or make an All-NBA workforce in 2024-25 with the intention to earn 30% of the 2025-26 wage cap as a substitute of 25%.
Assuming the wage cap rises by 10% in 2025-26, Wagner will earn a minimum of $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 sport through 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 sport (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 eventually summer season’s World Cup and was on the workforce’s preliminary roster forward of the 2024 Olympics in Paris, which open in late July. He known 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 expected to signal a max extension, however the deal has but to be finalized.
Wagner will earn simply over $7M subsequent season within the ultimate marketing campaign of his rookie scale contract.