Paolo Banchero is quickly becoming one of the brightest young stars in the NBA, and his rising profile on and off the court is setting him up for a massive financial future. As the face of the Orlando Magic and a key piece in their return to playoff relevance, Banchero’s value continues to soar — both in terms of his next contract and his growing portfolio of endorsements. With league revenues set to jump and his performance trending upward, the timing couldn’t be better for the 22-year-old to cash in.
Paolo Banchero’s Breakout Season Sets Stage for Massive Payday
Banchero just wrapped up his third NBA regular season and is now getting ready for a high-stakes Play-In Tournament against the Atlanta Hawks tonight. Even though the season had its share of ups and downs — including an injury setback — he still turned in one of the most impressive performances of his young career.
In just 46 games, Banchero averaged 25.9 points, 7.5 rebounds, and 4.8 assists per game. He shot 45% from the field, 32% from the 3-point range, and 72% at the line. Those numbers are more than solid — they prove that when healthy, Banchero is one of the most productive young players in the league.
Despite missing time, he showed exactly why he’s viewed as a rising star and one of the key faces of the Magic’s future. He took on a heavy workload, stepped up in big moments, and played a huge role in helping Orlando return to the postseason conversation. With his size, skill, and poise, he already looks like a franchise player — someone the Magic can build around for the long haul.
Banchero is still on his rookie deal, a four-year, $50.158 million contract he signed after being taken No. 1 overall in the 2022 NBA Draft. He won’t be eligible for an extension until after the 2025-26 season, but if he continues on his current path, he’s expected to command a max deal. That next contract could land somewhere in the $50 million to $55 million per year range — possibly more, depending on how the market evolves.
From 2022 through 2025, Banchero will have earned roughly $35 million in salary. Off the court, his financial profile is strong, too. His estimated net worth falls between $15 million and $20 million, fueled by endorsement deals with Nike’s Jordan Brand and Gatorade reportedly worth about $9 million combined. With his on-court performance and growing popularity, that number could skyrocket. Don’t be surprised if his net worth triples or even quadruples over the next few years.
He’s also in a perfect position to benefit from the NBA’s upcoming media rights deal. Starting in 2025-26, the league’s new agreements with Amazon, NBC, and ESPN are expected to pour even more revenue into the system. The rising salary cap will give teams more flexibility, and Banchero’s next contract could exceed Franz Wagner’s five-year, $224 million extension — the biggest in Magic history.
With Orlando back in the mix and Banchero leading the way, the spotlight on him is only getting brighter. More fans, endorsements, and wins could all be on the horizon. The future looks wide open for the Magic’s young star.