Jalen Suggs

Some notable players from the 2021 NBA Draft class signed new deals on Monday

It's a healthy payday for an elite defensive guard that Orlando sees as a cornerstone player.

Coming off making an All-Defensive team, Suggs has earned a lengthy extension that will keep him on the Magic through 2030. He had the best fantasy finish of his career last season, and he should continue to grow and be among the league leaders in steals for years to come. Suggs will also help Orlando be among the best defensive teams in the league, which will allow them to continue to be contenders for years to come.

Suggs and the Magic agreed to a five-year, $150.5 million rookie contract extension Monday, Shams Charania of ESPN reports.

Orlando Magic guard Jalen Suggs has agreed to a five-year, $150.5 million rookie contract extension with the franchise, sources told ESPN.