Latest News About Franz Wagner Contract

Updated 2026-04-25 21:04

Franz Wagner signed a five-year maximum rookie extension with the Orlando Magic in July 2024, worth at least $224 million and potentially up to about $269 million if he makes All-NBA . There has been no widely reported change to that contract since then, so the latest credible information remains his 2024 extension unless new signings or opt-outs have occurred in the 2024-25 or 2025-26 seasons .

If you want, I can pull the most recent updates from current outlets and provide a concise summary with dates and figures.

Sources

Magic: Franz Wagner Agree to Rookie Extension

The Orlando Magic have secured one of their franchise cornerstones for the long term. The team has signed forward Franz Wagner to a five-year maximum rookie extension valued at $224 million, which will account for 25% of the team's 2025-26 salary cap in the first year of the deal, according to league insider Adrian Wojnarowski of ESPN.

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