Paolo Banchero

Orlando Magic, Power Forward
Age: 21-250d (Nov 12, 2002)
Exp: 2 Years
Country: US
College: Duke
Drafted: Round 1 (#1 overall), 2022
Agent(s): Mike Miller
2024-25 Cap Hit

$12,160,800

2024-25 Cash

$12,160,800

Career Earnings

$22,663,200

2022-2025 Rookie (CURRENT)

Paolo Banchero signed a 4 year , $50,158,769 contract with the Orlando Magic, including $50,158,769 guaranteed, and an average annual salary of $12,539,692. In 2024-25, Banchero will earn a base salary of $12,160,800, while carrying a cap hit of $12,160,800 and a dead cap value of $12,160,800.
Contract Terms:
4 yr(s) / $50,158,769
Average Salary:
$12,539,692
GTD at Sign:
$22,663,200
Total GTD:
$50,158,769
Signed Using:
rookie-scale-exception
Free Agent:
2026 / RFA
Year Age Status Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2022-23 20 $11,055,120 8.94% $11,055,120 $11,055,120 7.36% $11,055,120 $11,055,120 $11,055,120
2023-24 21 $11,608,080 8.53% $11,608,080 $11,608,080 7.02% $11,608,080 $11,608,080 $22,663,200
2024-25 22
Club
$12,160,800 8.65% $12,160,800 $12,160,800 7.12% $12,160,800 $12,160,800 $34,824,000
2025-26 23
Club
$15,334,769 9.89% $15,334,769 $15,334,769 8.14% $15,334,769 - $50,158,769
2026-27 24
RFA
Year Age Status Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Cap Luxury Tax
2022-23 20 $11,055,120 - - $11,055,120 8.94% $11,055,120
2023-24 21 $11,608,080 - - $11,608,080 8.53% $11,608,080
2024-25 22
Club
$12,160,800 - - $12,160,800 8.65% $12,160,800
2025-26 23
Club
$15,334,769 - - $15,334,769 9.89% $15,334,769
2026-27 24
RFA
Year Age Status Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2022-23 20 $11,055,120 $11,055,120 $11,055,120 $11,055,120 $12,539,692
2023-24 21 $11,608,080 $11,608,080 $22,663,200 $11,331,600 $13,034,550
2024-25 22
Club
$12,160,800 $12,160,800 $34,824,000 $11,608,000 $13,747,785
2025-26 23
Club
$15,334,769 $15,334,769 $50,158,769 $12,539,692 $15,334,769
Contract Notes
  • 2024-25: Club Option (deadline 10/31/23, exercised 10/4/23)
  • 2025-26: Club Option (deadline 10/31/24)
Source: Spotrac
Career Earnings thru 2024

$22,663,200

Career Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2022 20
Active
$11,055,120
$11,055,120
ROY
2023 21
Active
$11,608,080
$22,663,200
Total      
$22,663,200
$22,663,200
2024 22
Active / Club Exercised
$12,160,800
2025 23
Active / Club
$15,334,769
Total
$50,158,769
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2022
20
$11,055,120
$11,055,120
$11,055,120
2023
21
$11,608,080
$11,608,080
$22,663,200
Total
$22,663,200
$22,663,200
$22,663,200
2024
22
$12,160,800
$12,160,800
2025
23
$15,334,769
$15,334,769
Total
$50,158,769
$50,158,769

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $22,663,200 - - $22,663,200

Injuries

Year Dates Games Missed Reason
2022-23 ORL Nov 09, 2022 - Nov 24, 2022 7 Ankle
2022-23 ORL Apr 06, 2023 - Apr 09, 2023 3 Back
2023-24 ORL Feb 25, 2024 - Feb 28, 2024 2 Illness
  • Oct 04, 2023 Orlando (ORL) exercised $12.16 million option for 2024-25
  • Jul 01, 2022 Signed a 4 year $50.16 million Rookie Scale contract with Orlando (ORL)
  • Jun 23, 2022 Drafted by Orlando (ORL): Round 1 (#1 overall)

Fines

Date Reason Fine Amount
Dec 09, 2022 for technical foul during TOR-ORL game $2,000
Feb 09, 2023 for technical foul during DEN-ORL game $2,000
Mar 19, 2023 for technical foul during ORL-LAL game $2,000
Nov 02, 2023 for technical foul during ORL-UTA game $2,000
Nov 11, 2023 for technical foul during MIL-ORL game $2,000
Nov 24, 2023 for technical foul during BOS-ORL game $2,000
Feb 02, 2024 for technical foul during ORL-MIN game $2,000
Feb 04, 2024 for technical foul during ORL-DET game $2,000
Year Team GP GS Min/Gm Pt/Gm Reb/Gm Ast/Gm Stl/Gm Blk/Gm FG% 3PT% FT%
2023 ORL 80 80 35.0 22.6 6.9 5.4 0.9 0.6 .455 .339 .725
2022 ORL 72 72 33.7 20.0 6.9 3.7 0.8 0.5 .427 .298 .738
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