Orlando Magic's rising star, Franz Wagner, has secured a lucrative five-year contract extension with the franchise, reportedly worth a staggering $224 million. The deal, which marks the largest in Magic's history, underscores Wagner's immense talent and the team's commitment to building a competitive roster.
German-American forward Franz Wagner has emerged as a key pillar in the Orlando Magic's rebuilding efforts. Since joining the franchise in 2021, Wagner has showcased his versatility, athleticism, and shooting prowess, becoming an indispensable part of the team's core. His breakout season in 2022-23, where he averaged 18.0 points, 4.1 rebounds, and 3.6 assists per game, solidified his status as a rising star in the league.
Franz Wagner Inks Historic $224 Million Contract Extension with Orlando Magic
The Magic have recognized Wagner's potential and their belief in his ability to lead the franchise to new heights. The five-year contract extension reportedly worth $224 million, according to multiple sources, is a testament to Wagner's value and the Magic's long-term vision. The deal is the largest in Magic history, surpassing the previous record held by Nikola Vucevic's four-year, $100 million extension in 2019.
The contract extension not only secures Wagner's financial future but also provides stability and continuity to the Magic. With Wagner locked in, the team can focus on building a competitive roster around him. Wagner's ability to play multiple positions, from shooting guard to power forward, gives the Magic flexibility in constructing their lineup.
Wagner's versatility extends to his play style. He is a proficient three-point shooter with a smooth release, averaging 37.4% from beyond the arc in his first two seasons. He also possesses strong ball-handling skills and can create his own shot, making him a difficult matchup for defenders.
Beyond his offensive contributions, Wagner has also shown his defensive abilities. His length and athleticism allow him to guard multiple positions effectively. He is a willing and aggressive defender, further enhancing his value to the team.
Wagner's impact on the Magic has been undeniable. In the 2022-23 season, the team improved their win total by 10 games, moving up to 22-60. Wagner played a pivotal role in this turnaround, earning a spot on the All-Rookie Second Team.
The Magic are confident that Wagner will continue to develop and grow into a franchise cornerstone. His strong work ethic and desire to improve have been evident since his arrival in Orlando. With Wagner at the helm, the Magic believe they have a bright future ahead.
The contract extension sends a strong message that the Magic are committed to building a winning team. Wagner's talent and potential have earned him a significant investment, and the Magic are betting on him to lead them to success in the years to come.
