Paolo Banchero

Orlando Magic, Power Forward
Age: 22y-2m-8d (Nov 12, 2002)
Exp: 2 Years
Country: US
College: Duke
Drafted: Round 1 (#1 overall), 2022
Agent(s): Mike Miller
2024-25 Cap Hit

$12,160,800

2024-25 Cash

$12,212,297

Career Earnings

$34,875,497

2022-2025 Rookie (CURRENT)

Paolo Banchero signed a 4 year , $50,158,769 contract with the Orlando Magic, including $50,158,769 guaranteed, and an average annual salary of $12,539,692. In 2024-25, Banchero will earn a base salary of $12,160,800, while carrying a cap hit of $12,160,800 and a dead cap value of $12,160,800.
Contract Terms:
4 yr(s) / $50,158,769
Average Salary:
$12,539,692
GTD at Sign:
$22,663,200
Total GTD:
$50,158,769
Signed Using:
rookie-scale-exception
Free Agent:
2026 / RFA
Year Age Status Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2022-23 20 $11,055,120 8.94% $11,055,120 $11,055,120 7.36% $11,055,120 $11,055,120 $11,055,120
2023-24 21 $11,608,080 8.53% $11,608,080 $11,608,080 7.02% $11,608,080 $11,608,080 $22,663,200
2024-25 22
Club
$12,160,800 8.65% $12,160,800 $12,160,800 7.12% $12,160,800 $12,160,800 $34,824,000
2025-26 23
Club
$15,334,769 9.92% $15,334,769 $15,334,769 8.16% $15,334,769 $15,334,769 $50,158,769
2026-27 24
RFA
Year Age Status Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Cap Luxury Tax
2022-23 20 $11,055,120 - - $11,055,120 8.94% $11,055,120
2023-24 21 $11,608,080 - - $11,608,080 8.53% $11,608,080
2024-25 22
Club
$12,160,800 - - $12,160,800 8.65% $12,160,800
2025-26 23
Club
$15,334,769 - - $15,334,769 9.92% $15,334,769
2026-27 24
RFA
Year Age Status Base Salary Cash Total Cash Cumulative Cash Remaining AYC Cumulative AYC Remaining
2022-23 20 $11,055,120 $11,055,120 $11,055,120 $39,103,649 $11,055,120 $12,539,692
2023-24 21 $11,608,080 $11,608,080 $22,663,200 $27,495,569 $11,331,600 $13,034,550
2024-25 22
Club
$12,160,800 $12,160,800 $34,824,000 $15,334,769 $11,608,000 $13,747,785
2025-26 23
Club
$15,334,769 $15,334,769 $50,158,769 - $12,539,692 $15,334,769
Contract Notes
  • 2024-25: Club Option (deadline 10/31/23, exercised 10/4/23)
  • 2025-26: Club Option (deadline 10/31/24, exercised 10/4/24)
Source: Spotrac
Seasons

2 Years

Career Earnings thru 2024

$34,875,497

Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2022 20
Active
$11,055,120
$11,055,120
ROY
2023 21
Active
$11,608,080
$22,663,200
2024 22
Active / Club Exercised
NBA Cup
$12,160,800
$51,497
$34,824,000
$34,875,497
Total      
$34,875,497
$34,824,000
$34,875,497
2025 23
Active / Club Exercised
$15,334,769
Total
$50,210,266

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
3 $34,875,497 - - $34,875,497
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2022
20
$11,055,120
$11,055,120
$11,055,120
2023
21
$11,608,080
$11,608,080
$22,663,200
2024
22
$12,160,800
$51,497
$12,160,800
$51,497
$34,824,000
$34,875,497
Total
$34,875,497
$34,875,497
$34,824,000
$34,875,497
2025
23
$15,334,769
$15,334,769
Total
$50,210,266
$50,210,266

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
3 $34,875,497 - - $34,875,497

Injuries

Year Dates Games Missed Reason
2024-25 ORL Nov 01, 2024 - Jan 09, 2025 33 Oblique
2023-24 ORL Feb 25, 2024 - Feb 28, 2024 2 Illness
2022-23 ORL Apr 06, 2023 - Apr 09, 2023 3 Back
2022-23 ORL Nov 09, 2022 - Nov 24, 2022 7 Ankle
  • Oct 04, 2024 Orlando (ORL) exercised $15.33 million option for 2025-26
  • Oct 04, 2023 Orlando (ORL) exercised $12.16 million option for 2024-25
  • Jul 01, 2022 Signed a 4 year $50.16 million Rookie Scale contract with Orlando (ORL)
  • Jun 23, 2022 Drafted by Orlando (ORL): Round 1 (#1 overall)

Fines

Date Reason Fine Amount
Nov 15, 2024 for technical foul during PHI-ORL game $2,000
Feb 04, 2024 for technical foul during ORL-DET game $2,000
Feb 02, 2024 for technical foul during ORL-MIN game $2,000
Nov 24, 2023 for technical foul during BOS-ORL game $2,000
Nov 11, 2023 for technical foul during MIL-ORL game $2,000
Nov 02, 2023 for technical foul during ORL-UTA game $2,000
Mar 19, 2023 for technical foul during ORL-LAL game $2,000
Feb 09, 2023 for technical foul during DEN-ORL game $2,000
Dec 09, 2022 for technical foul during TOR-ORL game $2,000
Fines: 9 $18,000
Year Team GP GS Min/Gm Pt/Gm Reb/Gm Ast/Gm Stl/Gm Blk/Gm FG% 3PT% FT%
2024 ORL 10 10 32.0 25.2 7.5 4.8 0.7 0.8 .462 .358 .684
2023 ORL 80 80 35.0 22.6 6.9 5.4 0.9 0.6 .455 .339 .725
2022 ORL 72 72 33.7 20.0 6.9 3.7 0.8 0.5 .427 .298 .738
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