NBA Rumors: Jonathan Isaac, Magic Agree to New 5-Year, $84M Contract

Jack MurrayJuly 2, 2024

Jesse D. Garrabrant/NBAE via Getty Images

The Orlando Magic have reportedly signed Jonathan Isaac for five more years.

ESPN’s Adrian Wojnarowski reported that Orlando re-signed the forward to a new five-year, $84 million deal on Tuesday.

Adrian Wojnarowski @wojespnOrlando Magic F Jonathan Isaac has agreed on a five-year, $84 million contract renegotiation and extension, sources tell ESPN. pic.twitter.com/4skp5qS2sp

This comes after Isaac averaged 6.8 points, 4.5 points and 1.2 blocks in 58 games for the Magic in 2023-24.

This contract keeps Isaac with the Magic through the 2028-29 season, and he will earn an average of $16.8 million.

Isaac’s 2023-24 was a step in the right direction as he missed the entirety of 2020-21 and 2021-22 due to a torn ACL and complications related to the recovery. He had a G-League stint in 2023, but has now put together two healthier seasons and has been a stable presence of the bench.

The Magic as a franchise also took a step forward in 2023-24. Orlando went 47-35 and earned the No. 5 seed in the East. It would fall in the first round to the Cleveland Cavaliers, but it was still the team’s first playoff appearance since 2019-20.

With his contract situation settled, Orlando will now hope to focus its attention on taking another step amongst the foes in the conference.