Orlando Magic Salary Cap History: Largest Guarantees
2023 Salary Cap Table
The Orlando Magic's 2023 salary cap table reflects the team's current cap space, dead cap figures, and detailed player cap hits. Key terms include:
Player Option
A clause that allows a player to terminate their contract at the end of the season and become a free agent.
Team Option
A clause that allows a team to terminate a player's contract after a certain period.
Qualifying Offer
An offer that a team can extend to a restricted free agent to match any offer sheets from other teams.
Largest Guarantees
The Magic have a history of guaranteeing large salaries to their players. Here are the top 10 largest guarantees in team history:
- Victor Oladipo: $85 million
- Nikola Vucevic: $80 million
- Aaron Gordon: $76 million
- Evan Fournier: $72 million
- Serge Ibaka: $65 million
- Elfrid Payton: $50 million
- Mario Hezonja: $45 million
- Cole Anthony: $42 million
- Jalen Suggs: $40 million
- Franz Wagner: $39 million
These guarantees have had a significant impact on the Magic's salary cap situation, limiting their ability to acquire other players and build a competitive roster.
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