When they shocked the free agency watchers by taking Desmond Bane, the Orlando Magic proved they’re no longer playing it safe. This was going to be a blockbuster trade only as long Bane was teamed up with Paolo Banchero. Now that’s a done deal! Banchero has agreed to stay in Orlando and casually made history while he was at it. He’s signed a rookie maximum contract extension for five years. It’s worth $239 million right now but could reach upto $287 million.
The deal also has a player option for Banchero in 2030-31. It’s the first time a rookie max extension has had a player option since 2021, when Luka Doncic and Trae Young completed their rookie max contracts with the Dallas Mavericks and Atlanta Hawks respectively.
Instantly after Shams Charania broke the news, Paolo Banchero was quick to respond. He reshared the ESPN reporter’s post on his Stories with the added ‘locked’ emojis and heart emojis.
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