JULY 6: The renegotiation and extension of Isaac’s contract is now official, the Magic announced today in a press release (Twitter link).
According to Michael Scotto of HoopsHype (Twitter link), Orlando bumped up Isaac’s salary to $25MM this season. That figure will be fully guaranteed, as will his $15MM salary in 2025/26. His $14.5MM salary in ’26/27 will be partially guaranteed for $8MM, while the last two years ($15MM and $14.5MM, respectively) will be non-guaranteed.
In total, it appears the forward received $66.6MM in new money and $84MM overall (including his original $17.4MM salary for the coming season). Of that $84MM, $48MM is guaranteed.
JULY 2: The Magic have agreed to renegotiate and extend Jonathan Isaac‘s contract, according to ESPN’s Adrian Wojnarowski, who tweets that the deal will be for five years and $84MM.
Jake Fischer of Yahoo Sports first reported on Monday that the Magic were exploring a renegotiation and extension for the veteran forward.
Isaac had a non-guaranteed $17.4MM salary for next season, which was due to be fully guaranteed in January, so his new deal likely includes $66MM+ in new money.
The breakdown for the deal hasn’t been made public yet, but a team is permitted to use cap room to renegotiate a contract in order to give a player a current-year raise and Orlando has a chunk of room left over following a series of free agent agreements with Kentavious Caldwell-Pope, Moritz Wagner, Goga Bitadze, and Gary Harris.
[RELATED: Hoops Rumors Glossary: Renegotiations]
The Magic could reduce Isaac’s salary by up to 40% in the first year of an extension, so it looks like they’ll essentially give him a bonus this season in order to lock him up to a more team-friendly (possibly descending) deal beginning in 2025/26.
The No. 6 pick of the 2017 draft, Isaac missed two seasons and most of the 2022/23 campaign while recovering from a torn ACL. He appeared in 58 games last season and averaged 6.8 points, 4.5 rebounds and 1.2 blocks to help Orlando reach the playoffs. He also appeared in seven postseason contests, including three starts, while averaging 6.3 points, 4.9 rebounds and 1.3 blocks.
A talented, versatile defender, Isaac will once again back up at the power forward spot and can also slide over to the center position.
It’s unclear whether or not Isaac’s new extension will include injury-related language protecting the team like his current deal did, but it at least seems unlikely that all four years will be fully guaranteed.
Magic might be the dumbest franchise… I thought it was the Bulls… but who were they bidding against? Dude has been hurt his entire career and sure he can rebound and defend, he isn’t even a starter on this squad w Banchero and Franz. Smh
The point was to lock him up before they were bidding.
This is chump change once the new TV deal hits.
A waste of cap space for a team that seemed on the uprise
Not sure if you’ve been following this offseason but lengthy defenders are kind of at a premium right now
A bible thumper that’s injured 70% of the season and giving cringey talks to right wing Christian groups during the rest of the year. Great move Orlando.
Isaac is one of the best people on earth. Very caring do a lot of charity work too. Look it up!
Kyrie and LeBron do a ton charity work as well, most people still hate them partly because of their political views.
Would you still be complaining if it were left wing groups?
What’s wrong with discipline and well-intentioned conviction? I disagree with some of his takes, but I have to say he’s easy to root for; Left, right, up, down, he’s commendable.
The Tragic strikes again!!!. Good thing they made all that cap room……
For future reference, when a team bash their own star(Shaq, TMac, Dwight) or don’t appreciate them(Vucevic)…others will take a looong look before even considering looking at Orlando
a guy who averages 6 and 4, and tore his ACL twice just got 5/84… for context that’s 16.8…. Lebron James, Dwyane Wade, and Chris Bosh were paid right around that same number while playing for the Heat 10 years ago….. wtf is happening
WTF happened is 10 years have passed, things change
The salary cap ten years ago was $63 million… LeBron was making a little over $20 million… That’s almost one third of the cap. That’s what is happening.
And this year Lebron is making 95% of what the cap was 10-years ago….
This dude is a dream Heat player
Hold up, so the magic didn’t learn their lesson from the first time ?! Maybe it has nothing do with basketball and more political views when it comes this organization.
Sad Leftist can’t comprehend reality. Funny for the rest of us.
I’m not even from the U.S. only you Americans care about left & right lol.
You are the one posting that the magic signed him for his political views and disregard his skill on the court. Skill, athleticism, and potential have never been Isaacs issue, it’s always been health. So, try harder bud.
Hold firm
Pure intentions
Get paid
Get that bag and preach JI!
Jonathan Isaac 4Life… JI will be in Orlando forever, even after he retires somehow he will be hired for some positions on the front office, something like Bo Outlaw and Nick Anderson. The Orlando Magic ownership do that kind of thing for good people like Bo, Nick and eventually JI… Go Magic
isaac started all of 2 games last yr
6 pts/game
$85 million
godddd daaamn!
I thought Orl had the potential to be a firecracker this offseason, cant say I like how they have used their resources, *retaining Goga smashed a lotta outside dreams tho
I expect a C trade, which obv means Carter as he’s the only one eligible, ill wait too finalize my thoughts till thats all done (if so)
Orlando will always be a poverty franchise. Then. Now. Forever.
Why are you such a magic hater?
I’m just a disgruntled Magic fan that’s tired of the mediocrity.
Only now tired of mediocrity? You must be young. The magic haven’t been good in 30 years.
that’ll tally up to 176 mil career earnings.
And subtract the 30-40% tax he’s paid and you get…
This is a great move, if you know basketball and what it takes to win games and build winning team mentality. But if you are all about stats and glittering stuff of course you can not understand it. Magic have a bright future ahead.
Best move of Orlando this summer by far..Teams would be in line to sign Jonathan Isaac
Frankly, Bitadze was worth more than him. Bitadze doesn’t have a catastrophic injury history and has more upside. Isaac is a like a glorified Thybulle skillwise. That said, I’ll give the Magic the benefit of the doubt and assume this is a very incentive-laden deal. They still don’t have much offense outside of Banchero.
My dream fit between Jimmy and Bam, or just next to Bam in general…guess it won’t happen. Good for them
Do anybody here can imagine Jonathan Isaac in Dallas or in Boston or even better in LA Lakers, Miami, or Denver. The value of a good defender in this league is priceless, who else in this league can guard the five positions better than JI, from Donovan Mitchell and Jalen Brunson to Giannis and Embiid that is very impressive, forget about how many games he started or how many points he had to me and the people that knows basketball his value is his defense.
Contract details make this a lot better for sure
Seems high for a guy who hasn’t really given mins. Still recovering from injuries imo. Takes time for multiple to heal right. Still has a chance to impact gm. Show his worth.