Orlando Magic 2024-25 Financial Summary

A current summary of Orlando Magic 2024-25 player cap & cash figures.

Filtering & Sorting...
Total Cap

$150,359,238 / 27th

Cap Space

$-9,771,238 / 4th

Tax Space

$20,454,762

Cash Total

$150,359,238 / 27th

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
  Player (17) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
1
Isaac Jonathan Isaac PF 27 $25,000,000 17.78% $27,600,000 $25,000,000 $25,000,000 $25,000,000
2
Caldwell-Pope Kentavious Caldwell-Pope SG 31 $22,757,000 16.19% $22,757,000 $22,757,000 $22,757,000 $22,757,000 2027
3
Anthony Cole Anthony PG 24 $12,900,000 9.18% $12,900,000 $12,900,000 $12,900,000 $12,900,000 2027
4
Banchero Paolo Banchero PF 22 $12,160,800 8.65% $12,160,800 $12,160,800 $12,160,800 $12,160,800 2026
5
Carter Jr. Wendell Carter Jr. C 25 $11,950,000 8.50% $11,950,000 $11,950,000 $11,950,000 $11,950,000
6
Wagner Moritz Wagner C 27 $11,000,000 7.82% $11,000,000 $11,000,000 $11,000,000 $11,000,000 2026
7
Suggs Jalen Suggs SG 23 $9,188,385 6.54% $9,188,385 $9,188,385 $9,188,385 $9,188,385
8
Bitadze Goga Bitadze C 25 $9,057,971 6.44% $9,057,971 $9,057,971 $9,057,971 $9,057,971 2027
9
Black Anthony Black SG 21 $7,607,760 5.41% $7,607,760 $7,607,760 $7,607,760 $7,607,760 2027
10
Harris Gary Harris SG 30 $7,500,000 5.33% $7,500,000 $7,500,000 $7,500,000 $7,500,000 2026
11
Wagner Franz Wagner SF 23 $7,007,092 4.98% $7,007,092 $7,007,092 $7,007,092 $7,007,092
12
Howard Jett Howard SG 21 $5,278,320 3.75% $5,278,320 $5,278,320 $5,278,320 $5,278,320 2027
13
Da Silva Tristan Da Silva SF 23 $3,628,440 2.58% $3,628,440 $3,628,440 $3,628,440 $3,628,440 2028
14
Joseph Cory Joseph PG 33 $3,303,771 2.35% $3,303,771 $3,303,771 $3,303,771 $3,303,771 2026
15
Houstan Caleb Houstan SF 22 $2,019,699 1.44% $2,019,699 $2,019,699 $2,019,699 $2,019,699 2026
16
Queen Trevelin Queen SG 27 Two-Way - - - - - 2025
17
McClung Mac McClung PG 26 Two-Way - - - - - 2025

2024 Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined.

Type Reason Used On Expires Original Available
Room
End-of-Season $7,983,000 $7,983,000

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $150,359,238 26th
Total Allocations $150,359,238 27th
Space $-9,771,238 4th
1st Apron Summary
1st Apron Maximum $178,132,000
Total Allocations $152,959,238 -
Space $25,172,762 -
2nd Apron Summary
2nd Apron Maximum $188,931,000
Total Allocations $152,959,238 -
Space $35,971,762 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $150,359,238 27th
Space $20,454,762 4th
Ext. Luxury Tax Bill $0 -

2024 Deadlines

Deadline Date Player Type Value
1/10/2025 Jonathan Isaac
GUARANTEED
2024-25 Guaranteed — guaranteed 7/6/24 via Renegotiation-and-extend
$17,400,000
6/29/2025 Franz Wagner
RFA / QO
2025-26 Qualifying Offer
$9,445,561
6/29/2025 Mac McClung
RFA / QO
2025-26 Qualifying Offer
$2,048,494
6/29/2025 Wendell Carter Jr.
CLUB
2026-27 Club Option
$20,998,320
6/29/2025 Cory Joseph
CLUB
2025-26 Club Option
$3,468,960
6/29/2025 Moritz Wagner
CLUB
2025-26 Club Option
$11,000,000
6/29/2025 Gary Harris
CLUB
2025-26 Club Option
$7,500,000
6/29/2025 Jalen Suggs
RFA / QO
2025-26 Qualifying Offer
$12,183,799
6/29/2025 Trevelin Queen
RFA / QO
2025-26 Qualifying Offer
$2,048,494
6/29/2025 Caleb Houstan
CLUB
2025-26 Club Option — non-guaranteed
6/30/2025 Caleb Houstan
GUARANTEED
2025-26 Guaranteed
$2,187,699
7/1/2025 Paolo Banchero
EXTENSION ELIGIBLE
2025-26 Extension Eligible
10/23/2025 Cole Anthony
EXTENSION ELIGIBLE
2025-26 Extension Eligible
10/31/2025 Tristan Da Silva
CLUB
2026-27 Club Option
$3,991,200
10/31/2025 Anthony Black
CLUB
2026-27 Club Option
$10,106,316
10/31/2025 Jett Howard
CLUB
2026-27 Club Option
$7,337,939
6/29/2026 Paolo Banchero
RFA / QO
2026-27 Qualifying Offer
$19,935,200
6/29/2026 Kentavious Caldwell-Pope
PLAYER
2026-27 Player Option
$21,621,500
6/29/2026 Cole Anthony
CLUB
2026-27 Club Option
$13,100,000
7/1/2026 Anthony Black
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/1/2026 Jett Howard
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/6/2026 Kentavious Caldwell-Pope
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/6/2026 Goga Bitadze
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/7/2026 Jonathan Isaac
GUARANTEED
2026-27 Guaranteed — plays 52 games in 2025-26 or one day after the 2026 moratorium
$14,500,000
10/31/2026 Tristan Da Silva
CLUB
2027-28 Club Option
$6,138,466
6/29/2027 Anthony Black
RFA / QO
2027-28 Qualifying Offer
$14,492,458
6/29/2027 Jett Howard
RFA / QO
2027-28 Qualifying Offer
$10,779,433
7/1/2027 Tristan Da Silva
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/6/2027 Franz Wagner
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/6/2027 Jonathan Isaac
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/7/2027 Jonathan Isaac
GUARANTEED
2027-28 Guaranteed — plays 52 games in 2026-27 or one day after the 2027 moratorium
$14,500,000
10/1/2027 Jalen Suggs
EXTENSION ELIGIBLE
2027-28 Extension Eligible
10/7/2027 Wendell Carter Jr.
EXTENSION ELIGIBLE
2027-28 Extension Eligible
6/29/2028 Tristan Da Silva
RFA / QO
2028-29 Qualifying Offer
$9,324,330
7/7/2028 Jonathan Isaac
GUARANTEED
2028-29 Guaranteed — plays 52 games in 2027-28 or one day after the 2028 moratorium
$15,000,000

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2013 Janis Timma SF 32 Latvia
2003 Remon van de Hare C 42 Netherlands
1995 Rashard Griffith C 50 United States Wisconsin

Future Draft Picks

2025

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DEN
If 1-5
ORL
If 6-30
ORL

2026

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DEN
If 1-5 if not already settled with ORL
ORL
If 6-30 if not already settled
ORL

2027

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DEN
If 1-5 if not already settled with ORL or 1-5 if 1st conveyed to ORL by 2025
ORL    OKC
If 6-30 if not already settled or to OKC if 6-30 if DEN conveyed 1st to ORL by 2025
ORL

2028

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
ORL

2029

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
ORL

2030

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
ORL

2031

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
ORL

2025

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
ORL
Less favorable of BOS and MEM to ORL then other to OKC
ORL

2026

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
ORL
Two most favorable of DET, MIL and ORL to ORL then other to PHX (via DET to LAC to DET)
ORL
Two most favorable of DET, MIL and ORL to ORL then other to NYK ((via DET to LAC to DET) via ORL to PHX to BKN)

2027

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
ORL
ORL

2028

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
ORL
ORL
More favorable of LAL and WAS to ORL then other to WAS

2029

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
ORL

2030

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
ORL
NOP    ORL
Or swap with ORL (via ORL swap for NOP)
ORL    NOP
Or swap with NOP

2031

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
NOP    ORL
Or swap with ORL (via ORL swap for NOP)
ORL    NOP
Or swap with NOP

TRANSACTIONS

Oct 21, 2024
Jalen Suggs, SG

Signed a 5 year $150.5 million Rookie Scale contract extension with Orlando (ORL) - includes 2029-30 Club Option

Oct 19, 2024
Mac McClung, PG

Signed a Two-Way contract with Orlando (ORL) via converted Exhibit 10

Oct 19, 2024
Ethan Thompson, SG

Waived by Orlando (ORL)

Oct 19, 2024
Alex Morales, G

Waived by Orlando (ORL)

Oct 19, 2024
Jalen Slawson, PF

Waived by Orlando (ORL)

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