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The Banchero ($12,160,800), Wagner ($7,007,092) and Suggs ($9,188,385) trio remain cheap heading into the 2024-25 season, and of the younger talents, only Cole Anthony ($12.9 million) has been paid in his second contract so far. Eight-figure or near eight-figure commitments to veterans such as Wendell Carter Jr ($11,950,000), Joe Ingles ($11 million) and Mo Wagner ($8 million) reside on the books, but none are detrimental, and while the $17.4 million still owed to the fragile Jonathan Isaac next season stands alone as an anomaly, that contract only has one year left to run, and is also unguaranteed due to his past injuries.
Financially, then, Orlando is quite well positioned, and is further aided this summer by the combined $30 million expiring salaries of Gary Harris and Markelle Fultz. They also still have their 2024 first-round pick, due to be No. 18, and have several picks from other teams coming their way in future seasons, with none outgoing.
All of this is to say that, while there are no premium assets, there are a plethora of useful ones. With less than $105 million committed heading into the offseason – a number that can be increased by declining the team options of Ingles and Mo Wagner – the Magic might be able to make a significant free agency splash before Franz Wagner and Suggs need paying, and then have Isaac expire right when they do.
The contracts, then, are staggered well.
