Orlando Magic lock in Paolo Banchero with five-year deal worth up to $287 million

The Orlando Magic have locked in their future by signing Paolo Banchero to a five-year maximum contract extension potentially worth $287 million. The deal underscores the Magic’s commitment to building around the young All-Star, who has already demonstrated his star potential. With Banchero leading the charge alongside key additions, Orlando is poised to contend for the Eastern Conference crown.