Orlando Magic 2024-25 Financial Summary

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

SEASON
TEAM
 
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Total Cap

$152,959,238 / 28th

Cap Space

$-12,371,238 / 3rd

Projected Cash Payroll

$152,959,238 / 27th

Cash Total

$152,959,238 / 27th

2024-25 Active Roster

Non-Guaranteed
  Player (15) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
1
 Isaac Jonathan Isaac PF 27 $27,600,000 19.63% $27,600,000 $27,600,000 $27,600,000 $25,000,000 2029
2
 Caldwell-Pope Kentavious Caldwell-Pope SG 31 $22,757,000 16.19% $22,757,000 $22,757,000 $22,757,000 $22,757,000 2027
3
 Anthony Cole Anthony PG 24 $12,900,000 9.18% $12,900,000 $12,900,000 $12,900,000 $12,900,000 2027
4
 Banchero Paolo Banchero PF 22 $12,160,800 8.65% $12,160,800 $12,160,800 $12,160,800 $12,160,800 2031
5
 Carter Jr. Wendell Carter Jr. C 25 $11,950,000 8.50% $11,950,000 $11,950,000 $11,950,000 $11,950,000 2029
6
 Wagner Moritz Wagner C 27 $11,000,000 7.82% $11,000,000 $11,000,000 $11,000,000 $11,000,000 2026
7
 Suggs Jalen Suggs SG 23 $9,188,385 6.54% $9,188,385 $9,188,385 $9,188,385 $9,188,385 2030
8
 Bitadze Goga Bitadze C 25 $9,057,971 6.44% $9,057,971 $9,057,971 $9,057,971 $9,057,971 2027
9
 Black Anthony Black SG 21 $7,607,760 5.41% $7,607,760 $7,607,760 $7,607,760 $7,607,760 2027
10
 Harris Gary Harris SG 30 $7,500,000 5.33% $7,500,000 $7,500,000 $7,500,000 $7,500,000 2027
11
 Wagner Franz Wagner SF 23 $7,007,092 4.98% $7,007,092 $7,007,092 $7,007,092 $7,007,092 2030
12
 Howard Jett Howard SG 21 $5,278,320 3.75% $5,278,320 $5,278,320 $5,278,320 $5,278,320 2026
13
 Da Silva Tristan Da Silva SF 23 $3,628,440 2.58% $3,628,440 $3,628,440 $3,628,440 $3,628,440 2028
14
 Joseph Cory Joseph PG 33 $3,303,771 2.35% $3,303,771 $3,303,771 $3,303,771 $3,303,771 2026
15
 Houstan Caleb Houstan SF 22 $2,019,699 1.44% $2,019,699 $2,019,699 $2,019,699 $2,019,699 2026

2024 Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined.

Type Reason Used On Expires Original Available
Room
End-of-Season $7,983,000 $7,983,000
Trade
Tyus Jones trade with DAL
 2/4/2027 $7,000,000 $7,000,000

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $152,959,238 25th
Total Allocations $152,959,238 28th
Space $-12,371,238 3rd
1st Apron Summary
1st Apron Maximum $178,132,000
Total Allocations $152,959,238 -
Space $25,172,762 -
2nd Apron Summary
2nd Apron Maximum $188,931,000
Total Allocations $152,959,238 -
Space $35,971,762 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $152,959,238 28th
Space $17,854,762 3rd
Ext. Luxury Tax Bill $0 -

2024 Deadlines

Deadline Date Player Type Value
6/29/2026 Paolo Banchero
RFA / QO
2026-27 Qualifying Offer 		$19,935,200
6/29/2026 Colin Castleton
RFA / QO
2026-27 Qualifying Offer — Two-Way
6/29/2026 Jamal Cain
RFA / QO
2026-27 Qualifying Offer — Two-Way
7/1/2026 Anthony Black
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/6/2026 Goga Bitadze
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/7/2026 Jonathan Isaac
GUARANTEED
2026-27 Guaranteed — plays 52 games in 2025-26 or one day after the 2026 moratorium 		$14,500,000
10/31/2026 Tristan Da Silva
CLUB
2027-28 Club Option 		$6,138,466
10/31/2026 Jase Richardson
CLUB
2027-28 Club Option 		$3,282,000
6/29/2027 Alex Morales
RFA / QO
2027-28 Qualifying Offer — Two-Way
6/29/2027 Anthony Black
RFA / QO
2027-28 Qualifying Offer 		$14,492,458
6/29/2027 Jett Howard
RFA / QO
2027-28 Qualifying Offer — voided with 4th year option declined 		$10,779,433
7/1/2027 Tristan Da Silva
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/4/2027 Noah Penda
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/6/2027 Franz Wagner
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/6/2027 Jonathan Isaac
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/7/2027 Jonathan Isaac
GUARANTEED
2027-28 Guaranteed — plays 52 games in 2026-27 or one day after the 2027 moratorium 		$14,500,000
10/1/2027 Jalen Suggs
EXTENSION ELIGIBLE
2027-28 Extension Eligible
10/7/2027 Wendell Carter Jr.
EXTENSION ELIGIBLE
2027-28 Extension Eligible
10/31/2027 Jase Richardson
CLUB
2028-29 Club Option 		$5,910,882
6/29/2028 Noah Penda
CLUB
2028-29 Club Option
6/29/2028 Tristan Da Silva
RFA / QO
2028-29 Qualifying Offer 		$9,324,330
6/29/2028 Wendell Carter Jr.
CLUB
2028-29 Club Option 		$20,998,320
7/1/2028 Jase Richardson
EXTENSION ELIGIBLE
2028-29 Extension Eligible
7/7/2028 Paolo Banchero
EXTENSION ELIGIBLE
2028-29 Extension Eligible
7/7/2028 Jonathan Isaac
GUARANTEED
2028-29 Guaranteed — plays 52 games in 2027-28 or one day after the 2028 moratorium 		$15,000,000
7/9/2028 Noah Penda
GUARANTEED
2028-29 Guaranteed 		$2,735,698
6/29/2029 Jase Richardson
RFA / QO
2029-30 Qualifying Offer 		$9,274,175
6/29/2030 Paolo Banchero
PLAYER
2030-31 Player Option 		$54,780,000

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2003 Remon van de Hare C 43 Netherlands
1995 Rashard Griffith C 51 United States Wisconsin

Future Draft Picks

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
CHA
Two middle picks of MEM, ORL, PHX and WAS 1-8 (via MEM swap for PHX and ORL) then others to CHA and WAS

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
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
POR
(via MEM)

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
MEM    ORL
Or swap for ORL 3-30 (via MEM swap for ORL)
ORL    MEM
If 1-2 or swap 3-30 with MEM (via MEM swap for 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
MEM

2031
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

2032
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

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
Second most favorable of DET, MIL and ORL then others to BOS and NYK (via MIL to ORL; via DET to LAC to ORL)

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
UTA
More favorable of BOS and UTA then other to ORL (via BOS to ORL to BOS)

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
CHA
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
If ORL 3-30 in 2029

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
NOP    ORL
Or swap with ORL (via ORL swap for NOP)
ORL    NOP
Or swap with NOP

2031
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
Least favorable of ORL and NOP (via ORL swap for NOP (via NOP))
OKC
Least favorable of ORL and NOP (via ORL swap for NOP (via NOP))

2032
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

TRANSACTIONS

Feb 17, 2026
Alex Morales, G

Signed a Two-Way contract with Orlando (ORL)

Feb 17, 2026
Orlando Robinson, C

Waived by Orlando (ORL)

Feb 06, 2026
Jevon Carter, PG

Signed a Rest-of-Season contract with Orlando (ORL)

Dec 08, 2025
Desmond Bane, SG

Fined $35,000 for throwing the game ball at OG Anunoby with force and in an 'unsportsmanlike manner' during ORL-NYK game

Nov 04, 2025
Desmond Bane, SG

Fined $2,000 for ejection from ORL-ATL game

View More Transactions

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