Paolo Banchero

Orlando Magic, Power Forward
Age: 23y-3m-24d (Nov 12, 2002)
Exp: 3 Years
Country: US
College: Duke
Drafted: Round 1 (#1 overall), 2022
Agent(s): Mike Miller (LIFT Sports Management)
2025-26 Cap Hit

$15,334,769

2025-26 Cash

$15,440,956

Career Earnings

$50,316,453

2026-2030 Designated Rookie Extension (UPCOMING EXTENSION)

Paolo Banchero signed a 5 year, $240,700,000 contract with the Orlando Magic, including $240,700,000 guaranteed, and an average annual salary of $48,140,000.
Contract Terms:
5 yr(s) / $240,700,000
Average Salary:
$48,140,000
GTD at Sign:
$240,700,000
Total GTD:
$240,700,000
Signed Using:
Bird Rights
Free Agent:
2031 / UFA
Year Age Status Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2026-27 24
Estimate
 $41,500,000 25.00% $41,500,000 $41,500,000 20.58% $41,500,000 $41,500,000 $41,500,000
2027-28 25
Estimate
 $44,820,000 25.71% $44,820,000 $44,820,000 21.16% $44,820,000 $44,820,000 $86,320,000
2028-29 26
Estimate
 $48,140,000 26.30% $48,140,000 $48,140,000 21.65% $48,140,000 $48,140,000 $134,460,000
2029-30 27
Estimate
 $51,460,000 26.78% $51,460,000 $51,460,000 22.04% $51,460,000 $51,460,000 $185,920,000
2030-31 28
Player
 $54,780,000 27.15% $54,780,000 $54,780,000 22.35% $54,780,000 $54,780,000 $240,700,000
2031-32 29
UFA
Year Age Status Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Luxury Tax
2026-27 24
Estimate
 $41,500,000 - - $41,500,000 25.00% $41,500,000
2027-28 25
Estimate
 $44,820,000 - - $44,820,000 25.71% $44,820,000
2028-29 26
Estimate
 $48,140,000 - - $48,140,000 26.30% $48,140,000
2029-30 27
Estimate
 $51,460,000 - - $51,460,000 26.78% $51,460,000
2030-31 28
Player
 $54,780,000 - - $54,780,000 27.15% $54,780,000
2031-32 29
UFA
Year Age Status Base Salary Cash Total Cash Cumulative Cash Remaining AYC Cumulative AYC Remaining
2026-27 24
Estimate
 $41,500,000 $41,500,000 $41,500,000 $240,700,000 $41,500,000 $48,140,000
2027-28 25
Estimate
 $44,820,000 $44,820,000 $86,320,000 $199,200,000 $43,160,000 $49,800,000
2028-29 26
Estimate
 $48,140,000 $48,140,000 $134,460,000 $154,380,000 $44,820,000 $51,460,000
2029-30 27
Estimate
 $51,460,000 $51,460,000 $185,920,000 $106,240,000 $46,480,000 $53,120,000
2030-31 28
Player
 $54,780,000 $54,780,000 $240,700,000 $54,780,000 $48,140,000 $54,780,000
Trade Restriction: This player can be traded but has a Poison Pill restriction until Jul 01, 2026.
Contract Notes
  • Designated Rookie language exists for 30% of cap
  • 2030-31: Player Option (deadline 6/29/30)
Source: Spotrac

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 2025-26, Banchero will earn a base salary of $15,334,769, while carrying a cap hit of $15,334,769 and a dead cap value of $15,334,769.
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 9.92% $15,334,769 $15,334,769 8.16% $15,334,769 $15,334,769 $50,158,769
2026-27 24
RFA
Year Age Status Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League 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 9.92% $15,334,769
2026-27 24
RFA
Year Age Status Base Salary Cash Total Cash Cumulative Cash Remaining AYC Cumulative AYC Remaining
2022-23 20 $11,055,120 $11,055,120 $11,055,120 $290,858,769 $11,055,120 $12,539,692
2023-24 21 $11,608,080 $11,608,080 $22,663,200 $279,803,649 $11,331,600 $13,034,550
2024-25 22
Club
$12,160,800 $12,160,800 $34,824,000 $268,195,569 $11,608,000 $13,747,785
2025-26 23
Club
$15,334,769 $15,334,769 $50,158,769 $256,034,769 $12,539,692 $15,334,769
Trade Restriction: This player can be traded but has a Poison Pill restriction until Jul 01, 2026.
Contract Notes
  • 2024-25: Club Option (deadline 10/31/23, exercised 10/4/23)
  • 2025-26: Club Option (deadline 10/31/24, exercised 10/4/24)
Source: Spotrac
Seasons

3 Years

Career Earnings thru 2025

$50,316,453

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
2024 22
Active / Club Exercised
NBA Cup
$12,160,800
$51,497
$34,824,000
$34,875,497
2025 23
Active / Club Exercised
NBA Cup
$15,334,769
$106,187
$50,210,266
$50,316,453
Total      
$50,316,453
$50,210,266
$50,316,453
2026 24
Active / estimate
$41,500,000
2027 25
Active / estimate
$44,820,000
2028 26
Active / estimate
$48,140,000
2029 27
Active / estimate
$51,460,000
2030 28
Active / Player
$54,780,000
Total
$291,016,453
* denotes prorated cash total due to lockout season

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
4 $50,316,453 - - $50,316,453
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
2024
22
$12,160,800
$51,497
$12,160,800
$51,497
$34,824,000
$34,875,497
2025
23
$15,334,769
$106,187
$15,334,769
$106,187
$50,210,266
$50,316,453
Total
$50,316,453
$50,316,453
$50,210,266
$50,316,453
2026
24
$41,500,000
$41,500,000
2027
25
$44,820,000
$44,820,000
2028
26
$48,140,000
$48,140,000
2029
27
$51,460,000
$51,460,000
2030
28
$54,780,000
$54,780,000
Total
$291,016,453
$291,016,453

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
4 $50,316,453 - - $50,316,453

Injuries

Year Dates Games Missed Reason
2025-26 ORL Nov 14, 2025 - Dec 03, 2025 10 Groin
2024-25 ORL Apr 11, 2025 - Apr 13, 2025 2 Ankle
2024-25 ORL Nov 01, 2024 - Jan 09, 2025 33 Oblique
2023-24 ORL Feb 25, 2024 - Feb 28, 2024 2 Illness
2022-23 ORL Apr 06, 2023 - Apr 09, 2023 3 Back
2022-23 ORL Nov 09, 2022 - Nov 24, 2022 7 Ankle
  • Jul 07, 2025 Signed a 5 year $240.7 million Rookie Scale contract extension with Orlando (ORL) - includes 2029-30 Player Option. The deal includes Designated Rookie language with would make the contract worth 30% of cap.
  • Oct 04, 2024 Orlando (ORL) exercised $15.33 million option for 2025-26
  • 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
Feb 22, 2026 for technical foul during ORL-LAC game $2,000
Dec 31, 2025 for technical foul during ORL-IND game $2,000
Oct 29, 2025 for technical foul during ORL-DET game $2,000
Mar 16, 2025 for technical foul during ORL-CLE game $2,000
Jan 25, 2025 for technical foul during DET-ORL game $2,000
Jan 21, 2025 for technical foul during ORL-TOR game $2,000
Nov 15, 2024 for technical foul during PHI-ORL game $2,000
Feb 04, 2024 for technical foul during ORL-DET game $2,000
Feb 02, 2024 for technical foul during ORL-MIN game $2,000
Nov 24, 2023 for technical foul during BOS-ORL game $2,000
Nov 11, 2023 for technical foul during MIL-ORL game $2,000
Nov 02, 2023 for technical foul during ORL-UTA game $2,000
Mar 19, 2023 for technical foul during ORL-LAL game $2,000
Feb 09, 2023 for technical foul during DEN-ORL game $2,000
Dec 09, 2022 for technical foul during TOR-ORL game $2,000
Fines: 15 $30,000
Year Team GP GS Min/Gm Pt/Gm Reb/Gm Ast/Gm Stl/Gm Blk/Gm FG% 3PT% FT%
2025 ORL 51 51 34.9 22.0 8.5 5.0 0.7 0.6 .458 .307 .772
2024 ORL 46 46 34.4 25.9 7.5 4.8 0.8 0.6 .452 .320 .727
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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