Orlando has a history of drafting guys who can’t wait to be out of there, but that doesn’t seem to be the case with former Duke star Paolo Banchero as Banchero has signed an extension. And it’s a pretty good extension, too: he’s signed a five-year maximum rookie extension that could end up being worth as much as $287 million.

The Magic solidified their future, signing Paolo Banchero to a max deal with a rare player option, signaling full belief in his stardom.

Banchero will accrue base earnings of $239 million over the life of the contract, according to Charania, and his salary can reach the supermax level if he makes an All-NBA team or the All-Defensive team, or if he wins the MVP or Defensive Player of the Year awards next season.