HomeSportsJalen Suggs and Magic reportedly agree to a five-year extension worth $150...

Jalen Suggs and Magic reportedly agree to a five-year extension worth $150 million

Jalen Suggs and the Orlando Magic have agreed to a five-year, $150.5 million extension to his rookie contract, ESPN’s Shams Charania reports.

Suggs, 23, is approaching his fourth NBA season. He was a second-team All-Defensive Team selection last season. Suggs signed a four-year, $30 million contract as a rookie in 2021.

The Magic selected Suggs with the No. 5 pick in the 2021 NBA Draft after his standout freshman season at Gonzaga, which included a trip to the national championship game. In three NBA seasons, Suggs has averaged 11.5 points, 3.2 rebounds, 3.2 assists and 1.3 steals per game while shooting 42.2% from the field and 33.3% from 3 points shot. Last season he improved his field goal percentage to 47.1% and his 3-point percentage to 39.7%.

Jalen Suggs has a lucrative new contract with the Orlando Magic. (Rich Story/Getty Images)

Jalen Suggs has a lucrative new contract with the Orlando Magic. (Rich Story/Getty Images)

Suggs, a 6-foot-1 point guard, is a key member of a young Magic core that also includes Paolo Banchero, Franz Wagner and Cole Anthony, all of whom are 24 or younger. The Magic made the playoffs last season for the first time since 2020 as a No. 5 seed.

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Suggs joins Wagner, Cade Cunningham (Pistons), Jalen Green (Rockets) Evan Mobley (Cavaliers), Scottie Barnes (Raptors), Moses Moody (Warriors) and Trey Murphy III (Pelicans) in agreeing to contract extensions rookie class of 2021 .

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