Paolo Banchero

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Power Forward Age: 21-29d Exp: 1 Years
Drafted: Round 1 (#1 overall), 2022 College: Duke Agent(s): Mike Miller

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    Current Contract

    Paolo Banchero signed a 4 year / $50,158,769 contract with the Orlando Magic, including $50,158,769 guaranteed, and an annual average salary of $12,539,692. In 2023-24, Banchero will earn a base salary of $11,608,080, while carrying a cap hit of $11,608,080 and a dead cap value of $11,608,080.

    Contract: 4 yr(s) / $50,158,769
    Average Salary: $12,539,692
    Guaranteed at Signing $22,663,200
    Signed Using: Entry Level/Rookie
    Free Agent: 2026 / RFA
    Year   Age Status Base Salary Likely Incent. Unlikely Incent. Trade Bonus Cap Hit Pct of League Cap Yearly Cash Guaranteed
    2022-23 Contract details by year 20 $11,055,120 - - - $11,055,120 8.94% $11,055,120($11,055,120) $11,055,120
    2023-24 Contract details by year 21 $11,608,080 - - - $11,608,080 8.53% $11,608,080($22,663,200) $11,608,080
    2024-25 Contract details by year 22 Club
    Exercised
         		$12,160,800 - - - $12,160,800 8.56% $12,160,800($34,824,000) $12,160,800
    2025-26 Contract details by year 23 Club $15,334,769 - - - $15,334,769 9.82% $15,334,769($50,158,769)
    2026 Free Agent Year 24 RFA   Qualifying Offer: $19,935,200
    Contract Notes:
    • 2024-25: Club Option (deadline 10/31/23, exercised 10/4/23)
    • 2025-26: Club Option (deadline 10/31/24)
    Sources: Spotrac

  • Estimated Career Earnings

    A look at the calculated cash earnings for Paolo Banchero, including any upcoming years.

    Year Team Awards Salary Signing Bonus Incentive Trade Kicker Total Cash
    2022-23 Player Cash Earnings ROY $11,055,120 - - - $11,055,120
    2023-24 Player Cash Earnings $11,608,080 - - - $11,608,080
    Est. Earnings
    (2 seasons)    		 $22,663,200 - - - $22,663,200
    2024-25 Player Cash Earnings $12,160,800 - - - $12,160,800
    2025-26 Player Cash Earnings $15,334,769 - - - $15,334,769
    $50,158,769 - - - $50,158,769
    Seasons Team Salary Signing Bonus Incentive Trade Kicker Total Cash
    2 seasons Player Cash Earnings $22,663,200 - - - $22,663,200

    * earnings may include deduction of original cashed earned due to shortened season

  • Transactions

    Oct 4 2023Orlando (ORL) exercised $12.16 million option for 2024-25
    Mar 19 2023Fined $2,000 for technical foul during ORL-LAL game
    Feb 9 2023Fined $2,000 for technical foul during DEN-ORL game
    Dec 9 2022Fined $2,000 for technical foul during TOR-ORL game
    Jul 1 2022Signed a 4 year $50.16 million Rookie Scale contract with Orlando (ORL)
    Jun 23 2022Drafted by Orlando (ORL): Round 1 (#1 overall)

  • Fines & Suspensions

    A look at the reported fines & suspensions for Paolo Banchero, and the financial implications.

    Date Team Category Games Susp. Forfeited Reason
    11/24/2023 Player contract details by year Technical Foul $2,000 for technical foul during BOS-ORL game
    11/11/2023 Player contract details by year Technical Foul $2,000 for technical foul during MIL-ORL game
    11/02/2023 Player contract details by year Technical Foul $2,000 for technical foul during ORL-UTA game
    03/19/2023 Player contract details by year Technical Foul $2,000 for technical foul during ORL-LAL game
    02/09/2023 Player contract details by year Technical Foul $2,000 for technical foul during DEN-ORL game
    12/09/2022 Player contract details by year Technical Foul $2,000 for technical foul during TOR-ORL game
    - $12,000

  • Statistics

    Season Team Games MPG FG% 3PT% FT% ORB DRB TRB AST STL BLK TOV PT Prod Pts
    2023 ORL 20 33.4 0.481 0.443 0.669 1.35 5.50 6.85 4.85 1.05 0.55 3.10 19.50 35.10
    2022 ORL 72 33.74 0.427 0.298 0.738 1.17 5.74 6.90 3.74 0.83 0.54 2.78 19.96 33.82
    Totals 92 33.66 0.438 0.324 0.725 1.21 5.68 6.89 3.98 0.88 0.54 2.85 19.86 34.10