German professional basketball player Franz Wagner plays in the NBA and has an impressive net worth derived from NBA salary and endorsement deals. Since his NBA debut in 2021, his earnings totaled $22 million.
Franz Wagner is a promising young NBA player from Germany playing for the Orlando Magic of the National Basketball Association (NBA). Wagner stands at 6 ft 10 in and plays as a forward, but his skills allow him to contribute in multiple positions.
Wagner played college basketball at the University of Michigan, where he gained significant attention for his well-rounded game. He started playing in the Bundesliga Basketball League (BBL).
Since then, Wagner has been part of various teams, which have also helped him earn a good profit. Besides his career at clubs, Franz has also represented his nation at multiple levels.
Franz Wagner’s Net Worth In 2024: NBA Contracts And Million Dollars Salary
As of 2024, Franz Wagner’s net worth is estimated to be over $5 million. He has earned mainly from his NBA career, and his income has increased since joining the Orlando Magic in 2021.
Franz initially signed a 4-year rookie scale contract worth $22.7 million with the Magic on August 3, 2021, after being selected as the 8th overall pick in the 2021 NBA Draft.
From his contract, Wagner’s salary for the 2024-25 NBA season is reported to be $7,297,072.
In July 2024, Wagner secured a significant deal with the Orlando Magic, a 5-year, $224 million contract extension.
The contract, signed in July 2024, will pay him an average of $44.8 million annually if he meets incentives like All-NBA team selections.
He will still earn a guaranteed $224 million throughout the contract if he doesn’t hit those performance thresholds. Wagner has become a prominent player on his team since being drafted by the Magic in the 2021 NBA draft.
By 2023, Wagner was earning around $5.2 million per year. Before coming to the NBA, Franz played in different leagues, which must have helped him take home a good amount of money.
In the 2018–19 season, he played dual contracts with Alba Berlin in Germany’s top-tier Basketball Bundesliga (BBL) and SSV Lokomotive Bernau in the third-tier ProB league.
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Franz Wagner Earnings From Brand Deals and Endorsements
Besides earning money from an NBA career, Franz Wagner earns good cash from sponsorship and endorsement deals. He has a strong presence on various social media platforms, including Instagram, promoting different brands.
In December 2023, Wagner joined ATHLETE+, the student-athlete scholarship consulting platform.
He signed a two-year deal with the company to support young student-athletes by promoting a holistic approach to success, emphasizing education, mentorship, and commitment on and off the court.
Wagner has also worked with other brands, including Public Rec, a clothing brand. Through his Instagram handle, Franz often promotes different brands, including Dove.
From his collaboration with these companies, Wagner surely earns a decent profit.
Franz Wagner’s Career Achievements
Franz Wagner made his NBA debut with the Orlando Magic in 2021 after being selected as the 8th overall pick. In his rookie season, he averaged 15.2 points, 4.5 rebounds, and 2.9 assists per game.
His impressive play earned him a spot on the NBA All-Rookie First Team. In December 2021, Wagner set his career-high with an impressive 38-point game against the Milwaukee Bucks.
Likewise, he has been effective from beyond the arc, with a 3-point shooting percentage of approximately 36% as of the 2023-24 season. Wagner has represented Germany in various international competitions, including the 2023 FIBA Basketball World Cup.
He also represented his nation, which played in the 2024 Olympics. In the 2023-24 NBA season, Wagner averaged 19.7 points, 5.3 rebounds, and 3.7 assists per game. On July 6, 2024, Franz extended his contract with the Orlando Magic for up to five years.
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People Also Ask
He is 6 feet 10 inches tall (2.08m).
Wanger was born on August 27, 2001, and is 23 years old as of 2024.
His position is a small forward.
