Franz Wagner lands $224 deal with Magic

Franz Wagner lands $224 deal with Magic

Orlando Magic forward Franz Wagner secures a massive contract extension, setting a new benchmark in NBA deals.

According to NBA insider Adrian Wojnarowski, Wagner has inked a five-year, $224 million maximum rookie contract extension, potentially escalating to $269 million based on incentives.

Wagner’s contract includes provisions that could see him earn up to 30% of the team’s salary cap if he achieves All-NBA honors.

Wagner is eligible to earn 30 percent of the team’s salary cap should he get voted to the All-NBA team, sources said.

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