Orlando Magic signs Franz Wagner to $224 million rookie max contract extension for five years

Sports | July 5, 2024, 4:05 p.m.

Franz Wagner, drafted by the Orlando Magic in 2021, has solidified his role as a consistent starter for the team. Recently, he signed a massive five-year, $224 million contract extension, potentially reaching $269 million. Known for his scoring prowess, averaging 19.7 points per game last season, Wagner has also been a reliable presence on the court, missing only 15 games in three seasons. Recognized for his performance, he was named to the NBA All-Rookie First Team in 2022. Wagner, alongside his brother Mo, is part of a rare trio of NBA brothers playing for the same team, with the Magic. Both siblings have represented Germany at international competitions, contributing to a gold medal win at the 2023 FIBA World Cup. Wagner's continued success and commitment to Orlando demonstrate his importance to the team's future.