Victor Oladipo is returning to the Orlando Magic after signing a 5 year contract worth $146,436,688. The final year is a player option.
Year 1: $25,467,250 Year 2: $27,377,294 Year 3: $29,287,338 Year 4: $31,197,381 Year 5: $33,107,425
Victor seems to have finally found a home after bouncing around the league for years. The Orlando Magic acquired Oladipo in trade last summer that received a fair amount of criticism. Blake Bowman saw a diamond in the rough though and now he gets to reap the rewards of snagging a big shiny gem.
There was a fair amount of interest for Victor, and it was one offer from the Boston Celtics that was the most intriguing. As appealing as it was though, Victor couldn't leave the team that has become his own. With a rock solid two way lineup backed by the best defensive player in the league, the Magic made the playoffs for the first time in a long time as their rebuild is over. Victor is excited to see how far he can lead this team.
The Orlando Magic organization welcomes Mr. Oladipo back with open arms and we would like to thank his agent for the positive communication throughout the process. The city of Orlando is going wild for a re-signing (as they should be)... it’s time to give them what they want.