Nikola Vucevic agrees to $54M extension with Orlando Magic

Updated: October 22, 2014

The Orlando Magic and center Nikola Vucevic have agreed to a four-year contract extension worth $54 million according to team sources.  The 23-year-old is set to earn an average of $13.3 million per season and will be under contract until the end of 2019-2020 season.

The Magic had until the end of October to reach an extension with the Swiss native or else he would be set to become a restricted free agent next summer.  The team definitely did not want to risk losing the big man who averaged a double-double every game.  In 57 games last season, Vucevic averaged career high 14.2 points, 11 rebounds and 0.8 blocks per game in 31.8 minutes of playing time.

“My agent and Rob [Hennigan, the Magic’s GM] are working on finalizing everything,” Vucevic said before the team’s shootaround on Wednesday. “But like I said before, I always wanted to stay here and be a part of the Magic future, so I’m obviously very excited. I’m very happy. I can’t really put it into words, but I still have to wait for everything to be finalized and for me to officially sign it.”

Vucevic was drafted 16th overall in the 2011 NBA Draft by the Philadelphia 76ers with who he played for only season before being traded the Magic . The Center was acquired to replace frustrated all-star Dwight Howard who was shipped the Los Angeles Lakers.

“It means a lot to me that they brought me here first, gave me a chance to play, gave me a chance to prove myself and believed in me through tough times,” Vucevic said. “I’m very happy for that. It means a lot for my confidence. “

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