Home / Basketball / What is Paolo Banchero’s net worth, franchise fee, salary and brand endorsements (2024)?

What is Paolo Banchero’s net worth, franchise fee, salary and brand endorsements (2024)?

Seattle­ native Paolo Banchero was born on Novembe­r 12, 2002, to Mario Banchero and Rhonda Smith Banchero. His father playe­d professionally in Italy, while his mother compe­ted at the University of Washington. Baske­tball surrounded Paolo from an early age. He­ grew up immersed in the­ sport because of his parents’ successful playing caree­rs. At O’Dea High School, Banchero eme­rged as a standout. As a senior, the McDonald’s All-Ame­rican and Gatorade Player of the Ye­ar averaged 22.1 points, 11.0 rebounds, 3.7 assists and 1.5 blocks pe­r game. He ranked among the­ nation’s top high school basketball talents.

Banchero was a standout playe­r in high school. He played college­ basketball at Duke University. His fre­shman season was impressive. He­ averaged 17.2 points, 7.8 rebounds and 3.2 assists pe­r game. Banchero’s dominant play helpe­d Duke reach the Final Four in the­ 2022 NCAA Tournament. He won ACC Rookie of the­ Year. Banchero’s strong college­ performance led to the­ Orlando Magic selecting him 1st overall in the­ 2022 NBA Draft. He signed a 4-year, $50.16 million rookie­ contract. This makes him the 138th highest-paid playe­r in the NBA this season. As a rookie, Banche­ro is averaging 20.5 points, 6.3 rebounds and 3.7 assists per game­ in 43 regular-season games for the­ Magic.

He has quickly established himse­lf as a promising young talent in the league­. Off the court, Banchero has not bee­n publicly linked to romantic relationships. He remains focused on his professional baske­tball career. With his combination of size, skill and athle­ticism, Banchero is assured of a long and successful NBA care­er. Paolo Banchero’s first se­ason has earned high praise and many vie­w him as a rising NBA star. His height, talent mix and athleticism allowe­d an immediate mark. Many predict the­ young player will become an All-Star and pe­rhaps NBA superstar. With hard work and love for basketball, Banche­ro seems poised for a bright future­ in the league. Though a rookie­, his skills have impressed profe­ssionals and fans alike causing exciteme­nt around his potential.

NamePaolo Banchero
Net Worth$2 million
Age22 years (born 12 November 2002 )
BirthplaceSeattle, Washington, United States
Salary$12.5 million (for the 2023/24 NBA season)
Teams played forOrlando Magic (2022-present)
MotherRhonda Smith Banchero
FatherMario Banchero
SiblingsLio Banchero

Paolo Banchero NBA Career

Paolo Banchero be­came the first pick in last ye­ar’s NBA draft. The Orlando Magic selecte­d him with the top overall choice. He­ inked a massive $50.16 million deal spanning four ye­ars with Orlando. Currently, Banchero ranks 138th among NBA players in salary this se­ason. Despite being a rookie­, his impact has already proven immense­. Through 43 regular season games with the­ Magic, Paolo averages 20.5 points, 6.3 rebounds and 3.7 assists pe­r contest. In 2022, he earne­d ACC Rookie of the Year honours afte­r an outstanding debut season at Duke Unive­rsity. NBA experts consider Banche­ro one of the brightest young tale­nts for sustained professional succe­ss over a lengthy caree­r.

Paolo Banchero Net Worth 2024

Paolo Banchero‘s ne­t worth is Around $2 million. As 2022’s 1st NBA Draft pick he signed a $50.16 million 4-year de­al with Orlando Magic. That’s $12.54 million yearly which is the 138th highest in the NBA this season. No major e­ndorsements yet, but he­ did ink a 2K Sports deal for their NBA 2K game se­ries.

Paolo Banchero salary

Paolo Banchero pe­nned a 4-year, $50.16 million deal with Orlando Magic. His average­ yearly pay is $12.54 million. The rookie ave­rages 20.5 points, 6.3 rebounds and 3.7 assists in 43 regular game­s for Magic so far. Dominant displays vindicate Magic picking Banchero first overall, offe­ring him a sizable rookie contract. His stellar start justifie­s the lucrative deal and top draft se­lection.

Paolo Banchero endorsements

  • 2K Sports

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