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 Yr, or make an All-NBA workforce in 2024-25 with the intention 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 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 general decide of the 2021 draft after two faculty seasons at Michigan, Wagner has began each sport 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 sport (1.1).
Along with his two-way versatility, the 6-foot-10 ahead has been fairly sturdy thus far in his profession, solely lacking 15 of a attainable 246 regular-season video games. Wagner gained a gold medal with Germany ultimately summer time’s World Cup and was on the workforce’s preliminary roster forward of the 2024 Olympics in Paris, which open in late July. He referred to as the possibility to play within the Olympics “a dream come true.”
Wagner is the second participant to conform to a rookie scale extension this summer time, becoming a member of Raptors ahead Scottie Barnes, who may also be signing a five-year max deal that includes Rose rule language. Pistons guard Cade Cunningham can 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 closing marketing campaign of his rookie scale contract.
