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Franz Wagner signs extension with Magic

The young German forward has been key to Orlando's resurgence.

Franz Wagner averaged career highs in points, rebounds and assists in 2023-24.

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Forward Franz Wagner has signed an extension with the Orlando Magic. The deal reportedly is a five-year, $224 million rookie maximum extension. The contract value could reach $270 million if he becomes supermax eligible, according to multiple reports

Drafted No. 8 overall by the Magic in 2021, the young German forward has blossomed into a well-rounded scorer and a contributor on both ends of the court.

The 22-year-old forward, who helped Germany win the World Cup last summer and is slated to play at the Paris Olympics starting later this month, has teamed with Paolo Banchero to give the Magic one of the league’s top young frontcourts. Wagner, who played at Michigan, has started all 231 of his appearances with Orlando.

In 72 games last season, Wagner set career bests in points (19.7 ppg) , rebounds (5.3 rpg) and assists (3.7 apg)  — and helped the Magic win the Southeast Division and return to the playoffs for the first time since 2019-20.

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