Franz Wagner is staying in Orlando. On Friday, the German forward agreed to a massive five-year, $224 million contract extension that will keep him with the Magic for the near future, per ESPN's Adrian Wojnarowski.
The deal, which is a maximum rookie extension, could be worth as much as $269 million. Per Wojnarowski, Wagner is eligible to earn 30 percent of Orlando's salary cap if he's voted to the All-NBA team.
ESPN Sources: Orlando Magic forward Franz Wagner has agreed on a five-year, $224 million maximum rookie contract extension – a deal that could become worth as much as $269 million.