ESPN's Bobby Marks noted a max extension for Banchero would be $247 million over five years. This does put the Magic in a bit of a financial bind because last offseason they maxed out Franz Wagner ( five years, $224.2 million) and extended Jalen Suggs ( five years, $150.5 million ).

Paolo Banchero and the Orlando Magic failed to extend the series on Tuesday against the Boston Celtics. They dealt with a dominant 120-89 loss to the defending champions to end their 2025 NBA playoff run. After Orlando's elimination, Banchero had a strong message to the public.

The result was a rout of Orlando with Banchero on the bench, and the Celtics advancing to the 2025 Eastern Conference Semifinals.