Paolo Napoleon James Banchero (born November 12, 2002) is an American professional basketball player for the Orlando Magic of the National Basketball Association (NBA).
He played college basketball for the Duke Blue Devils and was named the Atlantic Coast Conference (ACC) Rookie of the Year in 2022.
Banchero was selected first overall by the Magic in the 2022 NBA draft and won the NBA Rookie of the Year Award in 2023.
You can follow Paolo Banchero’s net worth, salary, contract, career details, earnings, endorsements, relationship status, career stats, and more here.
About Paolo Banchero
| Detail | Information |
| Full Name | Paolo Napoleon James Banchero |
| Nickname | P5 |
| Birth Date | November 12, 2002 |
| NBA Draft | 2022 / Round: 1 / Pick: 1 |
| Position | Power Forward |
| Current Team | Orlando Magic |
| Shirt Number | 5 |
| Debut Year | 2022 |
| Height | 6 ft 10 in (2.08 m) |
| Weight | 250 lb (113 kg) |
| Birthplace | Seattle, Washington |
| Nationality | American |
| College | Duke |
| Religion | Christianity |
| Current Net Worth | $50 million |
| Relationship Status | Single |
| Instagram Profile | @paolo5 |
College Career
Paolo Banchero had a standout freshman season at Duke University in 2021-22 before being selected first overall by the Orlando Magic in the 2022 NBA Draft.
During his lone college campaign, the Seattle native averaged 17.2 points, 7.8 rebounds, and 3.2 assists per game while shooting 47.8% from the field and 33.8% from three-point range.Â
Banchero started all 39 games for the Blue Devils, helping lead the team to a 32-7 record and an appearance in the Final Four.Â
Banchero earned the ACC Rookie of the Year honors and a spot on the consensus second-team All-American list.
Professional Career
Paolo Banchero, the first overall pick in the 2022 NBA Draft, has quickly established himself as a rising star in the league during his first two seasons with the Orlando Magic.
In his rookie campaign (2022-23), Banchero averaged an impressive 20.0 points, 6.9 rebounds, and 3.7 assists per game. His performances earned him the NBA Rookie of the Year Award and a spot on the NBA All-Rookie First Team as the only unanimous selection.Â
Banchero’s success continued in his sophomore season (2023-24), where he elevated his game to average 22.6 points, 6.9 rebounds, and 5.4 assists per contest.
On January 5, 2024, he recorded his first career triple-double with 32 points, 10 rebounds, 11 assists, and 3 steals, joining an elite group of players who achieved a 30-10-10-3 stat line before turning 22, including Michael Jordan, LeBron James, Magic Johnson, Isiah Thomas, Stephen Curry, and Luka Doncic.
Paolo Banchero’s Net Worth Details
Paolo Banchero’s net worth is estimated to be $50 million as of 2025. This impressive figure is largely due to his lucrative NBA contract and endorsement deals. By the end of the 2023-24 season, Banchero’s total career earnings amount to $22,663,200.
Adding his projected 2026-27 salary to his rookie contract earnings through 2024-25, Banchero’s total career earnings as of the end of the 2024-25 season are estimated to be around $54,759,199.
Contract
Paolo Banchero, the first overall pick in the 2022 NBA Draft, signed a four-year, $50.16 million rookie scale contract with the Orlando Magic on July 1, 2022.
The deal, which includes team options for the 2024-25 and 2025-26 seasons, is fully guaranteed and will pay Banchero an average annual value (AAV) of $12.54 million for the contract.
In his first season (2022-23), Banchero earned $11.06 million, which was the 121st highest salary in the NBA that year.
His salary is set to increase each season, with $11.61 million in 2023-24, $12.16 million in 2024-25 (team option), and $15.33 million in 2025-26 (team option).
If the Magic exercise both team options, Banchero will become a restricted free agent at the end of the 2025-26 season when he is 23 years old.
Salary
| Year | Basic Salary | Sign Bonus | Incentives | Total Wage |
| 2022-23 | $11,055,120 | – | – | $11,055,120 |
| 2023-24 | $11,608,080 | – | – | $11,608,080 |
| 2024-25 | $12,160,800 | – | – | $12,160,800 |
| 2025-26 | $15,334,769 | – | – | $15,334,769 |
Endorsements
Banchero signed a multi-year shoe deal with Jordan Brand in 2022, making him one of the headliners for the Air Jordan 37.Â
He has also partnered with 2K Sports, becoming the first collegiate athlete to appear in the NBA 2K video game series.
Paolo Banchero’s Relationship Status
Paolo Banchero is not married and is currently single. He is focused on his basketball career, keeping his personal life aside.
Career Stats
| Season | GP | GS | MPG | FG% | 3P% | FT% | RPG | APG | SPG | BPG | PPG |
| 2022-23 | 72 | 72 | 33.7 | 42.7 | 29.8 | 73.8 | 6.9 | 3.7 | 0.9 | 0.4 | 20.0 |
| 2023-24 | 80 | 80 | 35.0 | 45.5 | 33.9 | 72.5 | 6.9 | 5.4 | 0.9 | 0.6 | 22.6 |
| Career | 152 | 152 | 34.4 | 44.2 | 32.1 | 73.1 | 6.9 | 4.6 | 0.9 | 0.6 | 21.3 |
Career Achievements
- Won the NBA Rookie of the Year Award in 2023.
- Named to the NBA All-Rookie First Team in 2023 as the only unanimous selection.
- He recorded his first career triple-double on January 5, 2024, with 32 points, 10 rebounds, and 11 assists, along with 3 steals, being 1 of only 7 NBA players to record a 30-10-10-3 game before turning 22, joining an elite list that includes Michael Jordan, LeBron James, Magic Johnson, Isiah Thomas, Steph Curry, and Luka Doncic.
- Before the NBA, Banchero was named the ACC Rookie of the Year, First-team All-ACC, and a Consensus Second-team All-American during his lone college season at Duke in 2022.
- Banchero was also a McDonald’s All-American, Jordan Brand Classic participant, and Nike Hoop Summit player in 2021 before entering college.
FAQs
1. What is Paolo Banchero’s nationality and for which NBA team does he play?
Banchero is an American-Italian professional basketball player who plays as a forward for the Orlando Magic, recognized as one of the league’s top young talents.
2. Where did Banchero play college basketball, and how did he perform at that level?
She played for the Duke Blue Devils, averaging over 17 points and 7 rebounds per game, and led the team to the Final Four in her lone college season.
3. When was Banchero selected in the NBA Draft, and by which franchise?
The Orlando Magic selected her first overall in the 2022 NBA Draft, making her the top pick based on her scoring, versatility, and advanced skill set at a young age.
4. What position does Banchero play and what are her strengths on the court?
She primarily plays power forward but can also handle small forward duties, standing out for playmaking, shot creation, strength, footwork, and the ability to score from all over the floor.
5. Which awards or honors has Banchero received in the NBA so far?
Banchero won 2022–23 NBA Rookie of the Year, led all rookies in scoring, and received multiple Player of the Week honors for her early impact with the Magic.
6. How has Banchero contributed to the Magic’s team success and development?
She became the offensive centerpiece, boosting team scoring, handling pressure in clutch moments, and quickly earning a leadership role on one of the NBA’s youngest rosters.
7. What international experience does Banchero have in basketball?
With dual citizenship, Banchero has expressed a desire to play for Italy’s national team in FIBA competitions, making her a popular figure in both the U.S. and Italian basketball communities.
8. How do coaches and analysts evaluate Banchero’s potential in the league?
Coaches praise her maturity, vision, and confidence, while analysts project her as a future NBA All-Star capable of leading teams deep into the playoffs with continued development.
9. What challenges or adjustments has Banchero faced since entering the NBA?
She adapted to rigorous NBA defenses, increased physicality, and the demands of playing as a primary option, responding by improving efficiency and all-around play throughout her rookie year.
10. What are Banchero’s goals for her ongoing basketball career?
Banchero aims to become an NBA superstar, win championships, make All-NBA teams, and serve as a cross-cultural ambassador for the sport, representing both American and Italian basketball on the world stage.
