Magic ink No. 1 pick Paolo Banchero to rookie contract

The former Duke forward becomes the first known draftee to sign his rookie contract.

On Friday, the Orlando Magic announced that they signed No. 1 overall pick Paolo Banchero, becoming one of the first known draftees to ink his rookie scale contract.

He will earn $9,212,600 next season as the top pick.

Banchero was an All-American last season at Duke after averaging 17.2 points, 7.8 rebounds, 3.2 assists and 1.1 steals. He is the fifth Blue Devils player to become the No. 1 pick in the NBA and the first since Zion Williamson in 2019.

The 19-year-old was among the three front-runners to be the first pick, along with Gonzaga center Chet Holmgren and Auburn forward Jabari Smith Jr. The team ultimately felt as though Banchero was the top college player in the country last season and drafted accordingly.

[mm-video type=video id=01g69grqtm6b9m5ebf58 playlist_id=01f09kz5ecxq9bp57b player_id=01f1jxkahtwnvzepyp image=https://images2.minutemediacdn.com/image/upload/video/thumbnail/mmplus/01g69grqtm6b9m5ebf58/01g69grqtm6b9m5ebf58-ed0a0c161e14eadcbf714adc244c5509.jpg]

The 6-foot-10, 250-pound forward has the size and physicality that should translate well to the Magic. He is highly touted for his versatility and ability to affect games on both ends of the floor, something the Magic were enamored with.

Banchero will join a Magic roster with several up-and-coming players, including Cole Anthony, Markelle Fultz, Jalen Suggs and Franz Wagner. The group will be tasked next season with improving under second-year head coach Jamahl Mosley.

He will play in the Las Vegas Summer League starting on July 7.

This post originally appeared on Rookie Wire! Follow us on Facebook!

[lawrence-related id=78034,77454,76268]

[listicle id=78041]