Sources - Magic, Franz Wagner agree on $224M rookie extension
Magic forward Franz Wagner has agreed on a five-year, $224 million rookie contract extension -- a deal that could become worth as much as $269 million, sources told ESPN.
www.espn.comFranz Wagner last signed a five-year, $224 million extension with the Orlando Magic in July 2024, with potential to rise to $269 million if he earns All-NBA honors. There have been no credible reports of a newer contract since that deal, so the extension remains the latest confirmed agreement on his rookie-scale extension. Given Wagner’s trajectory and the Magic’s commitment to him as a core piece, any new developments would likely surface via major outlets like ESPN or Wojnarowski when they occur. If you’d like, I can monitor for updates and summarize any new developments as they happen.[2][4][5]