Magic To Renegotiate, Extend Jonathan Isaac’s Contract

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.

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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.

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