Jalen Suggs Signs Five-Year, $150.5 Million Extension with the Orlando Magic
In big news for Orlando Magic fans, Jalen Suggs has officially signed a five-year contract extension worth $150.5 million with the team. The deal, which is fully guaranteed, locks in the young guard for the foreseeable future, showcasing the Magic's confidence in Suggs as a key part of their future.
Suggs' journey with Orlando has been an exciting one, despite some bumps early in his career. He was the fifth overall pick in the 2021 NBA Draft, and although he struggled with injuries and inconsistencies during his first two seasons, last year marked a significant breakout for him. Suggs posted career-best numbers, averaging 12.6 points per game while shooting an impressive .471 from the field and .397 from three-point range. His defensive prowess earned him a spot on the All-Defensive Second Team and even got him noticed in the Most Improved Player and Defensive Player of the Year conversations.
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This extension also marks a continued evolution of Suggs' role within the team. With Markelle Fultz no longer in the picture as Orlando’s primary point guard, Suggs is expected to take on more offensive responsibilities. His averages of 11.5 points per game and 3.2 assists per game are bound to rise as he assumes a bigger role in orchestrating the Magic’s offense. Along with his already outstanding defensive abilities, Suggs is becoming a more complete player—one the Magic are clearly willing to invest heavily in.
The terms of Suggs’ deal are also notable compared to others in his class. For instance, Jaden McDaniels, another standout known for his defensive skills, signed a five-year, $131 million deal last year. However, Suggs' offensive upside and bigger role in Orlando's system allowed him to secure a higher annual salary, exceeding $30 million per year.
This extension is part of a broader strategy for the Magic, who have been solidifying their young core. Earlier this offseason, teammate Franz Wagner also signed a five-year, maximum-salary contract extension. Additionally, other key players like Jonathan Isaac and Wendell Carter Jr. are under contract through at least 2028. The Magic are clearly looking to build a long-term contender, and Suggs is now firmly positioned as a major piece of that puzzle.
With the 2024-25 NBA season just around the corner, Suggs and the Magic are gearing up to make an impact. After earning a playoff spot last year for the first time since 2020, the team is looking to build on that success, and this extension ensures that Suggs will be right at the center of those efforts.
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