The Orlando Magic’s big-money future is already coming into focus, and Anthony Black may be the odd man out.
After last season’s seven-game playoff loss to the Detroit Pistons, the pressure on Orlando’s next move has only grown. Marc Stein of The Stein Line says Black is unlikely to land a contract extension right now, largely because the Magic have already tied up major money in the core they want to keep together.
“The Stein Line has been advised by sources briefed on the situation to classify an extension for Magic swingman Anthony Black as unlikely at this current juncture,” Stein wrote. “Sources say that the sides have not engaged in any meaningful extension dialogue to date - not during the offseason or even since training camps began - because the Magic have concerns about the long-term financial obligations they have already stacked up by signing Jalen Suggs to a lucrative extension in addition to frontcourt stalwarts Paolo Banchero and Franz Wagner and summer of 2025 marquee trade acquisition Desmond Bane.”
That’s the heart of the issue: Orlando wants to keep its group intact, but the salary math is getting tight fast. Stein reported that Jeff Weltman is leaning toward bringing most of the playoff roster back, even if that makes keeping both Suggs and Black a real challenge.
“Orlando lead executive Jeff Weltman has largely taken a run-it-back approach with the roster, knowing deep down that keeping both Suggs and Black is challenging (to put it mildly) financially. The big offseason change: Installing Sean Sweeney as the new head coach. All of which means Black, barring a shift in the state of negotiations over the next week-plus, could well have to face restricted free agency next summer despite his rising stature.”
The numbers behind that picture are already eye-catching. Stein noted that “Franz Wagner, Paolo Banchero, Desmond Bane, and Jalen Suggs account for roughly $161 million in payroll for the 2027-28 season. Add Wendell Carter Jr.'s $19.5 million, and the Magic now have a payroll exceeding $180 million between their starting five.”
There is still a path to a deal, though. Siegel pointed to a possible structure that could work for both sides, with Black landing an extension at a value similar to Carter’s, around 12% of the total cap. That would give Black the long-term security he’s looking for while preserving some flexibility for Orlando if ownership is willing to live with luxury-tax costs.
It may still come down to timing. The two sides could wait until next offseason, when Black would be a restricted free agent, to hammer out a deal. But Siegel wrote that locking him up now would be the cleaner play.
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That challenge gets a little steeper with the roster adjustments around the second preseason game, since Jalen Suggs and Anthony Black remain out as they get closer to their debuts and Jonathan Isaac is away for personal reasons. For a team trying to find rhythm quickly, every missing rotation piece matters, especially when the first game already exposed how much work remains on the offensive end. The Magic have time, but not a lot of it, to make the new pieces fit. [Read more 🡒]