Orlando Magic Signs German Forward Franz Wagner to a Blockbuster Extension Deal: A Closer Look at the 269 Million Contract

Orlando Magic eighth overall pick Franz Wagner has agreed to a significant contract extension with the team. The German forward signed a massive five-year, $224 million deal that could potentially be worth up to $269 million. This contract is a maximum rookie extension and demonstrates the Magic’s commitment to keeping Wagner in their lineup for the foreseeable future.

Wagner quickly became a crucial starter for the Magic after being selected in 2021 and was named to the NBA All-Rookie First Team in 2022. Last season, he averaged 19.7 points per game, making him the second highest scorer on the team behind teammate Paolo Banchero. He also contributed 5.3 rebounds and 3.7 assists per game, showcasing his versatility on the court.

Franz Wagner has been a consistent performer for Orlando, earning recognition for his skills and contributions on the court. Known for his scoring ability, defensive prowess, and overall impact on the team’s success, he has been a reliable presence for the Magic in his three seasons with the team.

Wagner’s brother Mo also plays for the Magic, making them one of only a few sibling pairs in the NBA who are on the same team. They share a strong bond and have showcased their talent both in the NBA and on international stages.

Last summer, they helped lead Germany to a gold medal at the FIBA World Cup, with Franz earning All-Tournament Second Team honors for his performance. As they prepare to represent Germany at the Olympics in Paris this summer, they continue to make their mark in basketball.

With Franz’s new contract extension, he is poised to play an even more significant role in Orlando’s future success and cement his status as a key player in league history.

In conclusion, Franz Wagner has agreed to an extended contract with Orlando Magic that could potentially be worth up to $269 million over five years. Last season he averaged 19.7 points per game and played significant games accumulating over 7000 minutes across three seasons with Orlando Magic while playing alongside brother Mo Wagner who is also part of this amazing sibling duo that continues to make their mark