Orlando Magic Payroll: A Comprehensive Overview
Salary Cap History and Largest Guarantee
The Orlando Magic have a long and storied history in the NBA, and their payroll has fluctuated over the years. In 2024, the team's total payroll is projected to be $136,021,000, which is just below the league's salary cap of $140,000,000. The Magic's largest guaranteed salary is $17,400,000, which is paid to Jonathan Isaac. Isaac is a young and talented player who has been hampered by injuries in recent years, but he is expected to be a major contributor to the team in the future.
Team Cap Space and Dead Cap
The Magic have a team cap space of $3,979,000, which gives them some flexibility to add players to their roster. However, the team also has a dead cap hit of $10,100,000, which is money that is being paid to players who are no longer on the roster. The Magic's dead cap hit is relatively low, which gives them some flexibility to make moves in the future. However, the team will need to be careful about how they spend their money, as they do not have a lot of cap space to work with. Overall, the Magic's payroll is in a good place. The team has a young and talented core of players, and they have some cap space to work with. The Magic should be able to contend for a playoff spot in the future, and they have the potential to be a major force in the Eastern Conference.
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