Orlando Magic 2024-25 Financial Summary

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

Filtering & Sorting...
Total Cap

$150,359,238 / 27th

Cap Space

$-9,771,238 / 4th

Tax Space

$20,454,762

Cash Total

$150,359,238 / 27th

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (16) Pos Age Type Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
Isaac
1
Jonathan Isaac
PF 27 RK-EXT $25,000,000 17.78% $27,600,000 $25,000,000 $25,000,000 $25,000,000
Caldwell-Pope
2
Kentavious Caldwell-Pope
SG 31 FA $22,757,000 16.19% $22,757,000 $22,757,000 $22,757,000 $22,757,000 2027
Anthony
3
Cole Anthony
PG 24 RK-EXT $12,900,000 9.18% $12,900,000 $12,900,000 $12,900,000 $12,900,000 2027
Banchero
4
Paolo Banchero
PF 22 RK $12,160,800 8.65% $12,160,800 $12,160,800 $12,160,800 $12,160,800 2026
Carter Jr.
5
Wendell Carter Jr.
C 25 RK-EXT $11,950,000 8.50% $11,950,000 $11,950,000 $11,950,000 $11,950,000 2026
Wagner
6
Moritz Wagner
C 27 FA $11,000,000 7.82% $11,000,000 $11,000,000 $11,000,000 $11,000,000 2026
Suggs
7
Jalen Suggs
SG 23 RK $9,188,385 6.54% $9,188,385 $9,188,385 $9,188,385 $9,188,385 2025
Bitadze
8
Goga Bitadze
C 25 FA $9,057,971 6.44% $9,057,971 $9,057,971 $9,057,971 $9,057,971 2027
Black
9
Anthony Black
SG 21 RK $7,607,760 5.41% $7,607,760 $7,607,760 $7,607,760 $7,607,760 2027
Harris
10
Gary Harris
SG 30 FA $7,500,000 5.33% $7,500,000 $7,500,000 $7,500,000 $7,500,000 2026
Wagner
11
Franz Wagner
SF 23 RK $7,007,092 4.98% $7,007,092 $7,007,092 $7,007,092 $7,007,092
Howard
12
Jett Howard
SG 21 RK $5,278,320 3.75% $5,278,320 $5,278,320 $5,278,320 $5,278,320 2027
Da Silva
13
Tristan Da Silva
SF 23 RK $3,628,440 2.58% $3,628,440 $3,628,440 $3,628,440 $3,628,440 2028
Joseph
14
Cory Joseph
PG 33 FA $3,303,771 2.35% $3,303,771 $3,303,771 $3,303,771 $3,303,771 2026
Houstan
15
Caleb Houstan
SF 22 RK $2,019,699 1.44% $2,019,699 $2,019,699 $2,019,699 $2,019,699 2026
Queen
16
Trevelin Queen
SG 27 TW - - - - - - 2025

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

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $150,359,238 26th
Total Allocations $150,359,238 27th
Space $-9,771,238 4th
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.
$-9,771,238 -
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.
$-9,771,238 -
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 $150,359,238 27th
Space $20,454,762 4th
Ext. Luxury Tax Bill $0 -

2024 Deadlines

Deadline Date Player Type Value
10/10/2024 Wendell Carter Jr.
EXTENSION ELIGIBLE
2024-25 Extension Eligible
10/31/2024 Paolo Banchero
CLUB
2025-26 Club Option
$15,334,769
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
1/10/2025 Jonathan Isaac
GUARANTEED
2024-25 Guaranteed — guaranteed 7/6/24 via Renegotiation-and-extend
$17,400,000
6/29/2025 Franz Wagner
RFA / QO
2025-26 Qualifying Offer
$9,445,561
6/29/2025 Cory Joseph
CLUB
2025-26 Club Option
$3,468,960
6/29/2025 Moritz Wagner
CLUB
2025-26 Club Option
$11,000,000
6/29/2025 Gary Harris
CLUB
2025-26 Club Option
$7,500,000
6/29/2025 Trevelin Queen
RFA / QO
2025-26 Qualifying Offer
$2,048,494
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 Jett Howard
CLUB
2026-27 Club Option
$7,337,939
10/31/2025 Anthony Black
CLUB
2026-27 Club Option
$10,106,316
10/31/2025 Tristan Da Silva
CLUB
2026-27 Club Option
$3,991,200
6/29/2026 Cole Anthony
CLUB
2026-27 Club Option
$13,100,000
6/29/2026 Kentavious Caldwell-Pope
PLAYER
2026-27 Player Option
$21,621,500
6/29/2026 Paolo Banchero
RFA / QO
2026-27 Qualifying Offer
$19,935,200
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
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
$10,779,433
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
6/29/2028 Tristan Da Silva
RFA / QO
2028-29 Qualifying Offer
$9,324,330
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

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2018 Justin Jackson SF 27 Canada Maryland
2013 Janis Timma SF 32 Latvia
2003 Remon van de Hare C 42 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
If 1-5
ORL
If 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
If 1-5 if not already settled with ORL
ORL
If 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
If 1-5 if not already setteled with ORL or 1-5 if 1st conveyed to ORL by 2025
ORL    OKC
If 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

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

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 NYK ((via DET to LAC to DET) via ORL to PHX to BKN)

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

TRANSACTIONS

Jul 19, 2024
Cory Joseph, PG

Signed a 2 year $6.77 million contract with Orlando (ORL) - includes 2025-26 Club Option

Jul 06, 2024
Tristan Da Silva, SF

Signed a 4 year $17.57 million rookie scale contract with Orlando (ORL)

Jul 06, 2024
Franz Wagner, SF

Signed a 5 year $224.23 million rookie scale contract extension with Orlando (ORL). The deal includes Designated Rookie language with would make the contract worth 30% of cap.

Jul 06, 2024
Jonathan Isaac, PF

Signed a 5 year 84 million contract extension with Orlando (ORL) as part of a renegotiation-and-extend. Contract includes 2024-25 base salary increased from $17.4 million to $25 million with four new years and $59 million added onto the contract.

Jul 06, 2024
Moritz Wagner, C

Signed a 2 year $22 million contract with Orlando (ORL) - includes 2025-26 Club Option

Top