5:01pm: Fultz’s extension is now official, according to the Magic.
4:18pm: The
Markelle Fultz to a three-year rookie scale extension worth $50MM, agent
Raymond Brothers tells ESPN’s Adrian Wojnarowski (Twitter link). The deal, which will begin in 2021/22 after Fultz earns $12.3MM this season, includes a third-year team option, according to Josh Robbins of The Athletic (Twitter link).
Philadelphia traded up in the 2017 draft to select Fultz, but he was limited to 33 games in a season-and-a-half with the Sixers, as he dealt with a troublesome shoulder injury and struggled to regain the form that made him the top prospect in his class.