Current Contract
Orlando Magic
Contract Start
July 2025
Contract End
June 2030
Duration
5 years
Contract Type
Designated Rookie
Total Guaranteed
$224.2m
2025 Salary
$38.7m
2025/29 Designated Rookie Extension
6 July 2024 - Franz Wagner signed 5-year (2025/29) designated rookie extension at Orlando Magic worth $224.23 million (Guranteed). His average annual salary with this contract will be $44.87 million/year.
Contract Details
| Signed | Avg/Salary | Total | Team | Source |
|---|---|---|---|---|
| 2025 | $44.8m | $224.2m | Orlando Magic | ESPN via Adrian Wojnarowski |
Contract Breakdown (5 Years)
Season
Team
Age
Salary
2025-26
23
$38,661,750
2026-27
24
$41,754,690
2027-28
25
$44,847,630
2028-29
26
$47,940,570
2029-30
27
$51,033,510
| Season | Team | Age | Base Salary | Option | Remaining |
|---|---|---|---|---|---|
| 2025-26 |
|
23 | $38,661,750 | $185,576,400 | |
| 2026-27 |
|
24 | $41,754,690 | $143,821,710 | |
| 2027-28 |
|
25 | $44,847,630 | $98,974,080 | |
| 2028-29 |
|
26 | $47,940,570 | $51,033,510 | |
| 2029-30 |
|
27 | $51,033,510 | $0 |
2021/24 Rookie Contract (Orlando Magic)
Franz Wagner's previous 2021/24 Rookie contract at Orlando earned him a total of $22.78 million at yearly average of $5.7 million/year.
Contract History
Year
Avg/Salary
Total
Team
2021
$5.7m
$22.8m
| Year | Avg/Salary | Total | Team | Source |
|---|---|---|---|---|
| 2021 | $5.7m | $22.8m |
Orlando Magic
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