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Orlando Magic forward Franz Wagner has agreed on a five-year, $224 million rookie contract extension -- a deal that could become worth as much as $269 million, sources told ESPN on Friday.
Wagner is eligible to earn 30% of the team's salary cap should he get voted to an All-NBA team, sources said. Wagner's agent Jason Glushon completed work on the deal over the July 4 holiday, sources said.
Wagner has been a cornerstone of the Magic's revival, averaging 19.7 points, 5.3 rebounds and 3.