Orlando Magic 2024-25 Financial Summary

A current summary of Orlando Magic 2024-25 player cap & cash figures.

Filtering & Sorting...
Total Cap Allocations

$180,278,826 / 23rd

Cap Space

$-39,278,826 / 8th

Tax Space

$66,802,944

Cash Total

$104,512,056 / 26th

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (11) Pos Age Cap Hit Cap Hit Pct League Cap Luxury Tax Cash Total Free Agent Year
Isaac
1
Jonathan Isaac
PF 27 $17,400,000 12.34% $17,400,000 $17,400,000 2025
Anthony
2
Cole Anthony
PG 24 $12,900,000 9.15% $12,900,000 $12,900,000 2027
Banchero
3
Paolo Banchero
PF 22 $12,160,800 8.62% $12,160,800 $12,160,800 2026
Carter Jr.
4
Wendell Carter Jr.
C 25 $11,950,000 8.48% $11,950,000 $11,950,000 2026
Ingles
5
Joe Ingles
SF 37 $11,000,000 7.80% $11,000,000 $11,000,000 2025
Suggs
6
Jalen Suggs
SG 23 $9,188,385 6.52% $9,188,385 $9,188,385 2025
Wagner
7
Moritz Wagner
C 27 $8,000,000 5.67% $8,000,000 $8,000,000 2025
Black
8
Anthony Black
SG 21 $7,607,760 5.40% $7,607,760 $7,607,760 2027
Wagner
9
Franz Wagner
SF 23 $7,007,092 4.97% $7,007,092 $7,007,092 2025
Howard
10
Jett Howard
SG 21 $5,278,320 3.74% $5,278,320 $5,278,320 2027
Houstan
11
Caleb Houstan
SF 22 $2,019,699 1.43% $2,019,699 $2,019,699 2026

2024-25 Cap Hold

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.

Player (9) Pos Age Cap Hit Cap Hit Pct League Cap
Fultz
1
Markelle Fultz
PG 26 $25,500,000 18.09% - - Bird
Harris
2
Gary Harris
SG 30 $19,500,000 13.83% - -
Okeke
3
Chuma Okeke
PF 26 $15,800,139 11.21% - - Restricted Bird
Schofield
4
Admiral Schofield
SF 27 $2,244,249 1.59% - - Two-Way
Harris
5
Kevon Harris
SG 27 $2,093,637 1.48% - - Two-Way
Bitadze
6
Goga Bitadze
C 25 $2,093,637 1.48% - - Early Bird
Queen
7
Trevelin Queen
SG 27 $1,867,722 1.32% - - Two-Way
Thornwell
8
Sindarius Thornwell
SG 30 $1,867,722 1.32% - - Two-Way
Vazquez
9
Fran Vazquez
C 41 - - - - 1st Round Rookie Scale
Incomplete Roster Charge   $1,160,544        
Round 1, Pick #18   $3,639,120        
Round 2, Pick #47   -        

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $141,000,000
Active Roster $104,512,056 26th
Cap Hold $75,766,770 6th
Total Allocations $180,278,826 23rd
Space $-39,278,826 8th
Practical Cap Space Summary
Projected Practical Cap Space
This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds.
$25,188,280 -
Maximum Possible Cap Space
This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. All other options, cap holds, exceptions are assumed as declined, waived or renounced.
$65,465,803 -
1st Apron Summary
1st Apron Maximum $178,655,000
Total Allocations $108,272,600 -
Space $70,382,400 -
2nd Apron Summary
2nd Apron Maximum $189,486,000
Total Allocations $108,272,600 -
Space $81,213,400 -

2024 Tax Totals

Tax Summary
Tax Threshold $171,315,000
Total Allocations $104,512,056 26th
Space $66,802,944 5th
Ext. Luxury Tax Bill $0 -

2024 Deadlines

Deadline Date Player Type Value
6/29/2024 Admiral Schofield
RFA / QO
2024-25 Qualifying Offer — Two-Way
$2,244,249
6/29/2024 Moritz Wagner
CLUB
2024-25 Club Option
$8,000,000
6/29/2024 Joe Ingles
CLUB
2024-25 Club Option
$11,000,000
6/29/2024 Trevelin Queen
RFA / QO
2024-25 Qualifying Offer — Two-Way
$1,867,722
6/29/2024 Kevon Harris
RFA / QO
2024-25 Qualifying Offer — Two-Way
$2,093,637
6/29/2024 Chuma Okeke
RFA / QO
2024-25 Qualifying Offer
$7,399,732
6/29/2024 Franz Wagner
RFA / QO
2025-26 Qualifying Offer
$9,445,561
6/30/2024 Caleb Houstan
GUARANTEED
2024-25 Guaranteed
$2,019,699
10/31/2024 Anthony Black
CLUB
2025-26 Club Option
$7,970,280
10/31/2024 Jett Howard
CLUB
2025-26 Club Option
$5,529,720
10/31/2024 Paolo Banchero
CLUB
2025-26 Club Option
$15,334,769
1/10/2025 Jonathan Isaac
GUARANTEED
2024-25 Guaranteed
$17,400,000
6/29/2025 Caleb Houstan
CLUB
2025-26 Club Option — non-guaranteed
6/29/2025 Jalen Suggs
RFA / QO
2025-26 Qualifying Offer
$12,183,799
6/30/2025 Caleb Houstan
GUARANTEED
2025-26 Guaranteed
$2,187,699
10/31/2025 Anthony Black
CLUB
2026-27 Club Option
$10,106,316
10/31/2025 Jett Howard
CLUB
2026-27 Club Option
$7,337,939
6/29/2026 Cole Anthony
CLUB
2026-27 Club Option
$13,100,000
6/29/2026 Paolo Banchero
RFA / QO
2026-27 Qualifying Offer
$19,935,200
6/29/2027 Jett Howard
RFA / QO
2027-28 Qualifying Offer
$10,779,433
6/29/2027 Anthony Black
RFA / QO
2027-28 Qualifying Offer
$14,492,458

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2018 Justin Jackson SF 27 Canada Maryland
2013 Janis Timma SF 31 Latvia
2005 Fran Vazquez C 40 Spain
2003 Remon van de Hare C 41 Netherlands
1995 Rashard Griffith C 49 United States Wisconsin

Future Draft Picks

2025

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DEN
Top-5 Protected
ORL
6-30
ORL

2026

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DEN
Top-5 Protected (if not already settled with ORL)
ORL
6-30 (if not already settled)
ORL

2027

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DEN
Top-5 Protected (if not already settled with ORL or 1-5 if 1st conveyed to ORL by 2025)
ORL    OKC
6-30 (if not already settled) or to OKC if 6-30 (if DEN conveyed 1st to ORL by 2025)
ORL

2028

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
ORL

2029

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
ORL

2030

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
ORL

2025

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
ORL
Less favorable of Boston and Memphis to ORL then other to OKC
ORL

2026

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
ORL
Two most favorable of DET, MIL and ORL to ORL then other to PHX (via DET to LAC to DET)
ORL
Two most favorable of DET, MIL and ORL to ORL then other to BKN ((via DET to LAC to DET) via ORL to PHX)

2027

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
ORL
ORL

2028

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
ORL
ORL
More favorable of LAL and WAS to ORL then other to WAS

2029

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
ORL

2030

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
ORL
ORL

TRANSACTIONS

Mar 12, 2024
Jamahl Mosley

Signed a 4 year contract extension with Orlando (ORL)

Dec 07, 2023
Moritz Wagner

Fined $2,000 for flopping during ORL-CLE game

Oct 23, 2023
Cole Anthony

Signed a 3 year $39.1 million rookie contract extension with Orlando (ORL) - includes 2026-27 Club Option

Oct 21, 2023
Trevelin Queen

Signed a Two-Way contract with Orlando (ORL) - converted Exhibit 10

Oct 18, 2023
Daeqwon Plowden

Signed a contract with Orlando (ORL) - Exhibit 10

Top