Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension

Moderators: bwgood77, Domejandro

RealGM Wiretap
RealGM
Posts: 114,866
And1: 313
Joined: Mar 19, 2013

Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#1 » by RealGM Wiretap » Tue Oct 8, 2024 2:30 am

Wendell Carter Jr. and the Orlando Magic have agreed to a three-year, $59 million contract extension. Carter signed for his maximum available amount and has $82 million through 28-29.


In 55 games last season, Carter averaged 11.0 points, 6.9 rebounds and 1.7 assists in 25.8 minutes.


The Magic acquired Carter in 2021 as part of the Nikola Vucevic deal. Carter and the Magic subsequently signed a four-year, $50 million rookie scale extension a few months later in October 2021.


Carter is represented by Mike Miller of LIFT Sports Management.

Via Shams Charania/ESPN

Pickled Prunes
General Manager
Posts: 8,829
And1: 1,390
Joined: Sep 14, 2010

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#2 » by Pickled Prunes » Tue Oct 8, 2024 2:59 am

Dang, that's a good deal for ORL!
StlHawksFan
Junior
Posts: 393
And1: 246
Joined: Apr 26, 2024

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#3 » by StlHawksFan » Tue Oct 8, 2024 11:25 am

Pickled Prunes wrote:Dang, that's a good deal for ORL!


It is except when you remember how mich they already gave to Isaac, Wagner, and Bitadze.

Isaac $70M
Wagner $22M
Bitadze $25M
Carter $59M

Total this season = $56M out of a $140M cap = more than a max contract!

That's a lot to tie up on one position - especially when they small ball with Paolo there at times as well.
puja21
Sixth Man
Posts: 1,716
And1: 283
Joined: Feb 08, 2013

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#4 » by puja21 » Tue Oct 8, 2024 12:45 pm

StlHawksFan wrote:
Pickled Prunes wrote:Dang, that's a good deal for ORL!


It is except when you remember how mich they already gave to Isaac, Wagner, and Bitadze.

Isaac $70M
Wagner $22M
Bitadze $25M
Carter $59M

Total this season = $56M out of a $140M cap = more than a max contract!

That's a lot to tie up on one position - especially when they small ball with Paolo there at times as well.


Wagner can bounce back. Just needs find his 3PT shot again
niha17
Bench Warmer
Posts: 1,486
And1: 83
Joined: Jul 14, 2014
     

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#5 » by niha17 » Tue Oct 8, 2024 2:40 pm

This might be the worst contract in the league now
User avatar
ontnut
RealGM
Posts: 12,177
And1: 9,164
Joined: Jan 31, 2009
Location: Toronto
       

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#6 » by ontnut » Tue Oct 8, 2024 4:34 pm

niha17 wrote:This might be the worst contract in the league now

lol what???

In today's NBA, no $18m AAV contract can really be the worst when you have Beal's $52m/y deal WITH the no trade clause lol. Towns 4 years $221m contract extension just got traded for an expiring, a role player, and a 1st rounder because the Wolves didnt' want to pay his bloated salary. What about Poole's $30m/y to be an inefficient bench scorer? Yikes.

Carter plays 25mpg and is 24 yo, he's worth the money and probably more as an above average backup big for the past 2-3 years since going to ORL. He's being paid the same as Patrick Williams, Rui Hachimura and Zach Collins like c'mon.

If ORL wanted to, they could move this deal tomorrow without attaching any other capital. They might even get a pick back, all salary being equal. The Raptors would probably move Bruce Brown's $22.5m expiring contract for him whereas nobody would trade for Zach Lavine's contract without the Bulls attached a pick to it. The same for Wiggins.
Image
User avatar
TimeisIllmatic
Sixth Man
Posts: 1,903
And1: 349
Joined: Aug 18, 2020
     

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#7 » by TimeisIllmatic » Tue Oct 8, 2024 5:24 pm

ORL has been handling their cap situation very well. THey have multiple players with tradeable contracts.
Pickled Prunes
General Manager
Posts: 8,829
And1: 1,390
Joined: Sep 14, 2010

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#8 » by Pickled Prunes » Tue Oct 8, 2024 5:44 pm

puja21 wrote:
StlHawksFan wrote:
Pickled Prunes wrote:Dang, that's a good deal for ORL!


It is except when you remember how mich they already gave to Isaac, Wagner, and Bitadze.

Isaac $70M
Wagner $22M
Bitadze $25M
Carter $59M

Total this season = $56M out of a $140M cap = more than a max contract!

That's a lot to tie up on one position - especially when they small ball with Paolo there at times as well.


Wagner can bounce back. Just needs find his 3PT shot again

WCJ has started all but 21 games in his career. He is their starter. The players backing him up (and their contracts) have nothing to do with it. They do have a lot of money wrapped up in the PF/C spot, but $19m (about 11% of the cap) is a great deal for a positive impact starter.

Wagner and Bitaze combine for another $20m, which is fine. These are also the only two of the players you mentioned that shouldn't really be on the floor together. However, they can be on the floor with WCJ and Isaac, so this isn't really all money dedicated to a single position as was suggested.

The real potentially bad contract is Isaac's, but that is just a gamble that he can find his former pre-ACL potential. Seems like he's made some strides in that direction.
StlHawksFan
Junior
Posts: 393
And1: 246
Joined: Apr 26, 2024

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#9 » by StlHawksFan » Tue Oct 8, 2024 8:08 pm

puja21 wrote:
StlHawksFan wrote:
Pickled Prunes wrote:Dang, that's a good deal for ORL!


It is except when you remember how mich they already gave to Isaac, Wagner, and Bitadze.

Isaac $70M
Wagner $22M
Bitadze $25M
Carter $59M

Total this season = $56M out of a $140M cap = more than a max contract!

That's a lot to tie up on one position - especially when they small ball with Paolo there at times as well.


Wagner can bounce back. Just needs find his 3PT shot again


Wrong Wagner. This is his brother Mo who is 3rd string in Orlando. I guess Goga is the most perplexing. Why give that much to a 4th stringer?
puja21
Sixth Man
Posts: 1,716
And1: 283
Joined: Feb 08, 2013

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#10 » by puja21 » Tue Oct 8, 2024 9:45 pm

Pickled Prunes wrote:
puja21 wrote:
StlHawksFan wrote:
It is except when you remember how mich they already gave to Isaac, Wagner, and Bitadze.

Isaac $70M
Wagner $22M
Bitadze $25M
Carter $59M

Total this season = $56M out of a $140M cap = more than a max contract!

That's a lot to tie up on one position - especially when they small ball with Paolo there at times as well.


Wagner can bounce back. Just needs find his 3PT shot again

WCJ has started all but 21 games in his career. He is their starter. The players backing him up (and their contracts) have nothing to do with it. They do have a lot of money wrapped up in the PF/C spot, but $19m (about 11% of the cap) is a great deal for a positive impact starter.

Wagner and Bitaze combine for another $20m, which is fine. These are also the only two of the players you mentioned that shouldn't really be on the floor together. However, they can be on the floor with WCJ and Isaac, so this isn't really all money dedicated to a single position as was suggested.

The real potentially bad contract is Isaac's, but that is just a gamble that he can find his former pre-ACL potential. Seems like he's made some strides in that direction.


important to note the Issac contract is a "fake" 84M -- 25M of which is coming off the books now in 24/25, when WCJ is still making just 12M still at age 25 and Franz extension also hasn't started yet (Franz at 7M this coming year, age 23)

For Isaac:

25-26 drops to 15M, and then each of the next 3 years are partially guaranteed until he hits 52+ games played.

For reference, Isaac has averaged fewer than 30 games per year over his 7 seasons and even in the past 2 years at just 34.5 games.

So Orlando has plenty of insurance there in the form of the guarantee incentives.
puja21
Sixth Man
Posts: 1,716
And1: 283
Joined: Feb 08, 2013

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#11 » by puja21 » Tue Oct 8, 2024 9:49 pm

StlHawksFan wrote:
puja21 wrote:
StlHawksFan wrote:
It is except when you remember how mich they already gave to Isaac, Wagner, and Bitadze.

Isaac $70M
Wagner $22M
Bitadze $25M
Carter $59M

Total this season = $56M out of a $140M cap = more than a max contract!

That's a lot to tie up on one position - especially when they small ball with Paolo there at times as well.


Wagner can bounce back. Just needs find his 3PT shot again


Wrong Wagner. This is his brother Mo who is 3rd string in Orlando. I guess Goga is the most perplexing. Why give that much to a 4th stringer?


Mo at 11M is meh to me

That's not even top-150 in the league
Pickled Prunes
General Manager
Posts: 8,829
And1: 1,390
Joined: Sep 14, 2010

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#12 » by Pickled Prunes » Wed Oct 9, 2024 12:00 am

puja21 wrote:
Pickled Prunes wrote:
puja21 wrote:
Wagner can bounce back. Just needs find his 3PT shot again

WCJ has started all but 21 games in his career. He is their starter. The players backing him up (and their contracts) have nothing to do with it. They do have a lot of money wrapped up in the PF/C spot, but $19m (about 11% of the cap) is a great deal for a positive impact starter.

Wagner and Bitaze combine for another $20m, which is fine. These are also the only two of the players you mentioned that shouldn't really be on the floor together. However, they can be on the floor with WCJ and Isaac, so this isn't really all money dedicated to a single position as was suggested.

The real potentially bad contract is Isaac's, but that is just a gamble that he can find his former pre-ACL potential. Seems like he's made some strides in that direction.


important to note the Issac contract is a "fake" 84M -- 25M of which is coming off the books now in 24/25, when WCJ is still making just 12M still at age 25 and Franz extension also hasn't started yet (Franz at 7M this coming year, age 23)

For Isaac:

25-26 drops to 15M, and then each of the next 3 years are partially guaranteed until he hits 52+ games played.

For reference, Isaac has averaged fewer than 30 games per year over his 7 seasons and even in the past 2 years at just 34.5 games.

So Orlando has plenty of insurance there in the form of the guarantee incentives.

Yeah, that's why I said "potentially bad". He isn't a $15m player right now and they definitely don't want to give him $8m to walk away next season. So it could be bad. They are gambling that he continues to recover but I would bet that he doesn't finish out this contract.

I am OK with the other contracts mentioned. The cap isn't what it used to be.
puja21
Sixth Man
Posts: 1,716
And1: 283
Joined: Feb 08, 2013

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#13 » by puja21 » Thu Oct 10, 2024 2:02 am

Pickled Prunes wrote:
puja21 wrote:
Pickled Prunes wrote:WCJ has started all but 21 games in his career. He is their starter. The players backing him up (and their contracts) have nothing to do with it. They do have a lot of money wrapped up in the PF/C spot, but $19m (about 11% of the cap) is a great deal for a positive impact starter.

Wagner and Bitaze combine for another $20m, which is fine. These are also the only two of the players you mentioned that shouldn't really be on the floor together. However, they can be on the floor with WCJ and Isaac, so this isn't really all money dedicated to a single position as was suggested.

The real potentially bad contract is Isaac's, but that is just a gamble that he can find his former pre-ACL potential. Seems like he's made some strides in that direction.


important to note the Issac contract is a "fake" 84M -- 25M of which is coming off the books now in 24/25, when WCJ is still making just 12M still at age 25 and Franz extension also hasn't started yet (Franz at 7M this coming year, age 23)

For Isaac:

25-26 drops to 15M, and then each of the next 3 years are partially guaranteed until he hits 52+ games played.

For reference, Isaac has averaged fewer than 30 games per year over his 7 seasons and even in the past 2 years at just 34.5 games.

So Orlando has plenty of insurance there in the form of the guarantee incentives.

Yeah, that's why I said "potentially bad". He isn't a $15m player right now and they definitely don't want to give him $8m to walk away next season. So it could be bad. They are gambling that he continues to recover but I would bet that he doesn't finish out this contract.

I am OK with the other contracts mentioned. The cap isn't what it used to be.


RE: "He isn't a $15m player right now" that's true he's technically a $25M player now, much to the chagrin of most ORL fans :lol:
Pickled Prunes
General Manager
Posts: 8,829
And1: 1,390
Joined: Sep 14, 2010

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#14 » by Pickled Prunes » Thu Oct 10, 2024 4:19 am

puja21 wrote:
Pickled Prunes wrote:
puja21 wrote:
important to note the Issac contract is a "fake" 84M -- 25M of which is coming off the books now in 24/25, when WCJ is still making just 12M still at age 25 and Franz extension also hasn't started yet (Franz at 7M this coming year, age 23)

For Isaac:

25-26 drops to 15M, and then each of the next 3 years are partially guaranteed until he hits 52+ games played.

For reference, Isaac has averaged fewer than 30 games per year over his 7 seasons and even in the past 2 years at just 34.5 games.

So Orlando has plenty of insurance there in the form of the guarantee incentives.

Yeah, that's why I said "potentially bad". He isn't a $15m player right now and they definitely don't want to give him $8m to walk away next season. So it could be bad. They are gambling that he continues to recover but I would bet that he doesn't finish out this contract.

I am OK with the other contracts mentioned. The cap isn't what it used to be.


RE: "He isn't a $15m player right now" that's true he's technically a $25M player now, much to the chagrin of most ORL fans :lol:

So, I said his contract could be bad; you said it's not that bad; I said it could still be bad; you said it's really bad. Interesting discussion. :lol:
puja21
Sixth Man
Posts: 1,716
And1: 283
Joined: Feb 08, 2013

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#15 » by puja21 » Fri Oct 11, 2024 2:31 pm

Pickled Prunes wrote:
puja21 wrote:
Pickled Prunes wrote:Yeah, that's why I said "potentially bad". He isn't a $15m player right now and they definitely don't want to give him $8m to walk away next season. So it could be bad. They are gambling that he continues to recover but I would bet that he doesn't finish out this contract.

I am OK with the other contracts mentioned. The cap isn't what it used to be.


RE: "He isn't a $15m player right now" that's true he's technically a $25M player now, much to the chagrin of most ORL fans :lol:

So, I said his contract could be bad; you said it's not that bad; I said it could still be bad; you said it's really bad. Interesting discussion. :lol:


hahaha --when you put it like that yes

(seriously though i do like that they frontloaded it for how the other contracts are kicking in later.)

I guess it's "both bad and good"
Pickled Prunes
General Manager
Posts: 8,829
And1: 1,390
Joined: Sep 14, 2010

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#16 » by Pickled Prunes » Fri Oct 11, 2024 7:41 pm

puja21 wrote:
Pickled Prunes wrote:
puja21 wrote:
RE: "He isn't a $15m player right now" that's true he's technically a $25M player now, much to the chagrin of most ORL fans :lol:

So, I said his contract could be bad; you said it's not that bad; I said it could still be bad; you said it's really bad. Interesting discussion. :lol:


hahaha --when you put it like that yes

(seriously though i do like that they frontloaded it for how the other contracts are kicking in later.)

I guess it's "both bad and good"

For sure, it can go in all four directions:
1) If he stays healthy and meets his draft-day potential this is an epic deal for ORL.
2) If he's reasonably healthy and is a solid rotation piece, this deal is about neutral.
3) If he struggles to remain health and find his rhythm, ORL still has him on the books for (I believe) at least $48m over the next three years. That's not ideal.
4) Worst case scenario, he stays health enough to play 52 games but never gets any better than he is today... or even drops off a bit.

I'd guess option 2 is the most likely and option 1 is the least likely.
User avatar
Kent
Veteran
Posts: 2,985
And1: 1,629
Joined: Aug 13, 2005
Location: Orlando baby!
 

Re: Wendell Carter Jr. Magic Agree To Three-Year, $59M Extension 

Post#17 » by Kent » Fri Oct 11, 2024 7:58 pm

It's the fact that he's only 25 that's most surprising and why I'm not mad at the deal at all.
Ryan Anderson = Pat Garrity 10.0
-LBPTarHeel27

Return to Wiretap Discussion