Orlando Magic: Breaking News, Rumors & Highlights

The Good, The Bad And The Ugly Of Paolo Banchero’s Extension

ORLANDO – The Orlando Magic made a loud statement by locking in Paolo Banchero’s extension for five years at a base $239 million. With incentives, Banchero’s extension could stretch to $287 million if he hits certain milestones.

Features

The Morning Bark

The Quiz of the Day

Jeff Weltman: Thrilled To Keep Paolo Banchero In Magic Uniform For Years To Come

The Orlando Magic have officially signed star forward Paolo Banchero to a five-year maximum rookie scale contract extension that could be worth up to $288 million, per ESPN’s Shams Charania.

Deandre Ayton News / Yardbarker Quizzes

The 'Active non-US born NBA points leaders' quiz

Can you name the active players in the NBA that weren't born in the United States of America that have scored the most points in their career?

The '30+ point duos in an NBA Finals game' quiz

The 'Top three picks in the NBA Draft' quiz

The 'Career leaders in triple-doubles for each NBA franchise' quiz

NBA News / Athlon Sports / July 7

Magic's Massive $287 Million Move Revealed on Monday

The Orlando Magic's hot offseason is continuing after major news was announced on Monday. Orlando struck first when it came to the initial significant

Paolo Banchero News / Field Level Media / July 7

Agent: Paolo Banchero, Magic agree to $239M max rookie deal

The Orlando Magic are locking up cornerstone player Paolo Banchero, agreeing to a five-year, $239 million maximum rookie extension with the star forward on Monday, his agent told ESPN.

Orlando Magic News / Yardbarker / July 7

Massive Banchero extension continues Magic's all-in offseason

Massive Paolo Banchero extension continues Magic's all-in offseason

With Paolo Banchero agreeing to a massive extension, the Orlando Magic locked in another key piece to what could potentially be a burgeoning Eastern Conference power.

Pacers president confirms star's absence for 2025-26 season

Suns preparing to devote nearly half their salary cap to two guards

Lakers' Bronny James is primed to take a leap in Year 2

Wizards' Summer League roster should be among most talented

Trade packages for Jonathan Kuminga

Key veteran remaining with 76ers

Paolo Banchero News / Hoops Rumors / July 7

Magic agree on five-year max extension with franchise player

Magic star forward Paolo Banchero has agreed to a five-year maximum rookie scale contract extension that could reach $288M.

Blockbuster Kevin Durant trade sets NBA record

Kevin Love's hilarious reaction shows business side of the NBA

Five most impactful moves of the NBA offseason so far

The 25 most unlikely NBA Finals heroes

The '2023-24 NBA scoring leaders' quiz

Tyus Jones News / Orlando Magic on SI / July 7

Tyus Jones Reveals Why He Signed With Orlando Magic

Orlando Magic guard Tyus Jones is on the team after his one-year, $7 million contract became official at the start of the new league year. Jones, 29, is entering his 11th NBA season after stops with the Minnesota Timberwolves, Memphis Grizzlies, Washington Wizards and Phoenix Suns.

Orlando Magic News / Orlando Magic on SI / July 7

Orlando Magic Rookie Has Injury Update Ahead of Summer League

The Orlando Magic are getting ready for the Las Vegas Summer League, but one player is dealing with a bit of an injury going into the showcase. Jase Richardson, the No.

Moritz Wagner News / Orlando Magic on SI / July 7

Magic Center Moritz Wagner Joins Short List Of Players After Latest Deal

After a standout year, Orlando Magic big man Moritz Wagner is back with the team on a one-year, $5 million deal. Moreover, his new deal puts him on a short list of players. Wagner joins LeBron James, Bradley Beal and Jaxson Hayes as the only active players with a no-trade clause in their contracts.

Click here to get Yardbarker's Quiz of the Day emailed to you!

The 'Active non-US born NBA points leaders' quiz

The 'MLB ballpark names' quiz

The '2025 MLB All-Star Starters' quiz

The 'Leading scorer by NBA franchise' quiz

Orlando Magic News / Orlando Magic on SI / July 7

Orlando Magic Placed Highly In Latest NBA Power Rankings

The Orlando Magic are making their push towards becoming one of the best teams in the NBA. They traded for Memphis Grizzlies guard Desmond Bane while signing his former teammate Tyus Jones in free agency.

Orlando Magic News / Orlando Magic on SI / July 7

Orlando Magic Given Bold Expectations By NBA Insider

The Orlando Magic are building a team that can compete in the upcoming season. The Eastern Conference is wide open, but the Magic are right there in terms of teams that could reach the NBA Finals.

Orlando Magic News / Orlando Magic on SI / July 7

Orlando Magic Officially Announce Signing Of Tyus Jones

The Orlando Magic officially signed free agent guard Tyus Jones, according to a team press release with comments from president of basketball operations Jeff Weltman.

Orlando Magic News / Fastbreak on SI / July 6

Orlando Magic Officially Sign Veteran NBA Point Guard

The Orlando Magic have been a team on the rise over the last two seasons. They have a very talented roster led by 2025 NBA All-Star Paolo Banchero. On Sunday, the team announced that they had officially signed veteran point guard Tyus Jones.

Orlando Magic News / Athlon Sports / July 6

Magic Gets Boost With Latest NBA Moves, Says Analyst

NBA free agency has been full of wild moves with stars changing teams, surprising cuts and impactful signings. The Orlando Magic have been one of the early headliners during the NBA offseason shakeup. While they didn’t go all-out after their Desmond Bane trade, the Magic’s calculated signings have earned them high praise.

Anthony Black News / Orlando Magic on SI / July 6

Anthony Black Emerging As Key Piece In Magic’s Championship Push

Aside from making major offseason improvements, Orlando Magic president of basketball operations Jeff Weltman deserves credit for maintaining the team’s young core while building a championship contender.

Orlando Magic News / Last Word On Sports / July 5

Orlando Magic Re-Sign Fan-Favorite Center On 1-Year Contract

Magic Center Moritz Wagner has re-signed with the team on a one-year, $5 million contract. Orlando believes the fan-favorite will be healthy and contributing around Christmas after tearing his ACL last season.

Orlando Magic News / The SportsRush / July 5

Reggie Miller’s Legendary Sister Explains How Media Will Never Let Angel Reese and Caitlin Clark Become Magic Johnson and Larry Bird

Angel Reese and Caitlin Clark’s rivalry has become one of the biggest storylines currently in the WNBA. It can even be argued that their history as competitors follows the same trajectory as NBA legends Magic Johnson and Larry Bird.

Orlando Magic News / Hoops Rumors / July 4

Magic sign second-rounder Noah Penda

The Magic have officially signed No. 32 overall pick pick Noah Penda to his first NBA contract, the team announced today in a press release (Twitter link).

Orlando Magic News / Athlon Sports / July 4

Magic Get Great News in NBA Free Agency on July 4th

Just when NBA fans thought the Orlando Magic might take it easy on the holiday, the franchise dropped some important news. Turns out, the Magic's offseason keeps getting better by the day.

Orlando Magic News / NBA on ClutchPoints / July 4

Orlando bringing back Moe Wagner on 1-year deal

The Orlando Magic made a splash early in the offseason by acquiring Desmond Bane in a blockbuster trade, signaling their intent to contend in the East.