Paolo Banchero has rapidly ascended from a highly-touted college prospect to the face of the Orlando Magic franchise.
Since being selected first overall in the 2022 NBA Draft, Banchero has justified the hype with All-Star performances and leadership beyond his years.
In this article, you will know Paolo Banchero’s net worth, career earnings, career overview, stats, relationship, and more.
Paolo Banchero’s Biography
| Category | Information |
|---|---|
| Full Name | Paolo Napoleon James Banchero |
| Date of Birth | November 12, 2002 |
| Age | 23 |
| Education | Duke University |
| Nationality | American / Italian |
| Height | 6 ft 10 in (2.08 m) |
| Weight | 250 lbs (113 kg) |
| Turned Pro | 2022 |
| Net Worth | Approx. $15 – $20 Million |
| Salary (2025-26) | $15,334,769 |
| Career Earnings | Approx. $42.3 Million (Salary + Endorsements) |
| Relationship Status | Single (as of early 2026) |
| Instagram Profile | @paolo5 |
| Twitter Profile | @Pp_doesit |
Early Career
Born in Seattle, Washington, Paolo Banchero grew up with elite athletic genes. His mother, Rhonda Smith-Banchero, was a standout basketball player who played professionally in the WNBA, while his father, Mario Banchero, played college football for Washington.
This athletic pedigree was evident early on at O’Dea High School, where Paolo became a dual-sport star in football and basketball.
Eventually focusing solely on the hardwood, he became a consensus five-star recruit and one of the most sought-after players in the nation.
He committed to Duke University, where he played one stellar season under legendary coach Mike Krzyzewski. In his freshman year (2021-2022), he was named the ACC Rookie of the Year and a Consensus Second-Team All-American.
He led the Blue Devils to the Final Four, averaging 17.2 points and 7.8 rebounds per game. His combination of size, skill, and maturity made him the clear choice for the Orlando Magic, who selected him with the No. 1 overall pick in the 2022 NBA Draft.
Professional Career
Banchero’s transition to the NBA was seamless. In his rookie season (2022-23), he lived up to the billing, averaging 20.0 points per game and winning the NBA Rookie of the Year award in a landslide.
He showcased a versatile scoring package, capable of punishing defenders in the post, driving to the rim, and hitting mid-range jumpers. His immediate impact revitalized the Orlando Magic, giving them a franchise cornerstone to build around.
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By his second and third seasons, Banchero had elevated his game to All-Star status. In the 2023-24 season, he led the Magic to the playoffs, proving he could perform in high-stakes environments. Entering the 2025-26 season, he continued to refine his playmaking and efficiency.
Notably, in July 2025, he signed a historic max contract extension worth up to $287 million, cementing his future in Orlando and becoming the first player since Luka Dončić to secure a player option on a rookie max deal.
Paolo Banchero’s Net Worth Details
As of 2026, Paolo Banchero’s net worth is estimated to be between $15 million and $20 million. His wealth is accumulating rapidly due to his lucrative rookie contract and significant endorsement deals.
Contract
Paolo is currently in the final year of his four-year rookie scale contract with the Orlando Magic. However, his financial future is secure thanks to the massive five-year, $287 million designated rookie maximum extension he signed in July 2025.
This extension will kick in starting with the 2026-27 season, promising to skyrocket his net worth in the coming years.
Salary
For the 2025-26 NBA season, Paolo Banchero’s salary is $15,334,769. This figure represents the fourth-year option of his rookie deal.
Once his new extension begins, his annual salary will jump to over $50 million, placing him among the league’s highest earners.
Career Earnings
| Season | Team | Salary |
|---|---|---|
| 2022-23 | Orlando Magic | $11,055,120 |
| 2023-24 | Orlando Magic | $11,608,080 |
| 2024-25 | Orlando Magic | $12,160,800 |
| 2025-26 | Orlando Magic | $15,334,769 |
| Total | NBA Salary Only | ~$50,158,769 (Gross) |
Endorsements
Off the court, Banchero is a major brand ambassador. His most significant partnership is with Jordan Brand, which he signed as a rookie in October 2022. This multi-year deal makes him one of the faces of the iconic sneaker line.
Additionally, he has endorsement deals with 2K Sports (NBA 2K) and other lifestyle brands, adding an estimated $7-9 million to his total earnings to date.
Career Stats
| Season | Games | Points (PPG) | Rebounds (RPG) | Assists (APG) | FG% |
|---|---|---|---|---|---|
| 2022-23 | 72 | 20.0 | 6.9 | 3.7 | 42.7% |
| 2023-24 | 80 | 22.6 | 6.9 | 5.4 | 45.5% |
| 2024-25 | 46 | 25.9 | 7.5 | 4.8 | 45.2% |
| 2025-26 | 15 | 20.2 | 7.9 | 3.8 | 44.8% |
| Career | 213+ | 22.0 | 7.2 | 4.6 | 44.6% |
FAQs
1. What is Paolo Banchero’s current contract?
Paolo Banchero is currently in the final year of his rookie contract, earning roughly $15.3 million for the 2025-26 season. He has already signed a five-year, $287 million maximum extension that will begin in the 2026-27 season.
2. Who is Paolo Banchero dating?
As of early 2026, Paolo Banchero has not publicly confirmed being in a relationship. He keeps his personal life private and has not been seen with a partner at public events.
3. What is Paolo Banchero’s net worth?
His estimated net worth in 2026 falls between $15 million and $20 million. This figure is expected to grow significantly once his new max contract extension takes effect.
4. Which shoe brand does Paolo Banchero wear?
Paolo Banchero is a signature athlete for Jordan Brand. He signed a multi-year endorsement deal with the company during his rookie season in 2022.
5. Did Paolo Banchero win Rookie of the Year?
Yes, Paolo Banchero won the NBA Rookie of the Year award for the 2022-23 season, receiving 98 out of 100 first-place votes after a dominant debut campaign.
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