Orlando Magic: Breaking News, Rumors & Highlights

Magic drop 2-word message after massive Paolo Banchero extension

The Orlando Magic made a franchise-defining move Monday, locking in rising star Paolo Banchero with a five-year, $239 million maximum rookie contract extension — a deal that could escalate to $287 million with incentives.

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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.

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

Deandre Ayton News / Yardbarker Quizzes

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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.

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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.

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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.

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.

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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 / Orlando Magic on SI / July 6

Orlando Magic Add Key Assistant From Gregg Popovich’s Coaching Tree

The Orlando Magic haven’t just bolstered their roster with the additions of Desmond Bane and Tyus Jones, they’ve also revamped their coaching staff. This offseason, two key additions were hiring God Shammgod and, most recently, veteran assistant Joe Prunty, per NBA insider Marc Stein.

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.

Orlando Magic News / Hoops Rumors / July 4