Magic sign Carter to 4-year, $50M contract extension

Orlando Magic center Wendell Carter agreed to a four-year, $50-million contract extension, his representatives told The Athletic's Shams Charania.

Carter's salary is fully guaranteed over the course of the deal, adds Charania. He's the sixth player from the 2018 draft class to secure a contract extension.

Orlando acquired the Duke product from the Chicago Bulls last March. Carter performed well down the stretch for the Magic, averaging 11.7 points, 8.8 boards, and 0.8 blocks over 22 appearances during the 2020-21 campaign.

Chicago selected Carter seventh overall three years ago, but the big man struggled to remain healthy throughout his tenure in the Windy City.