NBA: Jalen Suggs, Magic agree on 5-year, $150.5M extension

The Orlando Magic bench reacts as guard Jalen Suggs (4) celebrates his 3-point shot against the Cleveland Cavaliers during the first half of Game 3 of an NBA basketball first-round playoff series Thursday, April 25, 2024, in Orlando, Fla. (AP Photo/John Raoux)

Orlando Magic guard Jalen Suggs signed a five-year, $150.5 million extension to his NBA rookie contract, ESPN reported Monday.

The Magic confirmed the signing later Monday but did not disclose the length and terms of the contract.

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The 23-year-old Suggs, who signed a four-year, $30 million deal in 2021 that will pay him $9.1 million this season, was voted to the NBA All-Defensive second team last season.

He averaged 12.6 points, 3.1 rebounds, 2.7 assists, 27.0 minutes and a team-high 1.4 steals in 75 regular-season games (all starts) last season. Suggs shot a career-best 39.7 percent from 3-point range.

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Suggs also recorded 14.7 points, 5.1 boards, 3.3 assists, 1.3 steals and 33.1 minutes across seven playoff games.

The Magic selected him fifth overall in the 2021 NBA Draft out of Gonzaga. He has averaged 11.5 points, 3.2 rebounds. 3.2 assists, 1.3 steals and 26.0 minutes in 176 games (139 starts). –Field Level Media