Paolo Banchero - Stats, Height, Weight, Net Worth, Rings

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. 

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. 

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. 

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.

What is Paolo Banchero’s Net Worth and Career Earnings as of 2024?

As of 2024, Paolo Banchero’s net worth is $50 million. 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. 

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

FAQs About Paolo Banchero

What is Paolo Banchero’s three-point shooting percentage?

During the 2022-23 season, Banchero shot 29.8% from three-point range.

What is Banchero’s 2K rating?

His 2K rating is 78 for the 2022-23 season with the Orlando Magic.

What position does Banchero play?

He primarily plays power forward but can also play small forward.

What is his wingspan?

Banchero has a 7-foot-1 wingspan.

How much is Paolo Banchero’s net worth in 2024?

$50 million.

What awards has Paolo Banchero won?

He was named the ACC Rookie of the Year in 2022 and the NBA Rookie of the Year in 2023.

What team drafted Paolo Banchero?

The Orlando Magic selected Banchero with the first overall pick in the 2022 NBA draft.

Did Paolo Banchero play college basketball?

Yes, he played one season of college basketball at Duke University.

What shoe brand does Paolo Banchero have an endorsement deal with?

He signed a multi-year shoe deal with Jordan Brand in 2022.

What is his career high in points?

Banchero scored a career-high 43 points in a game against the Sacramento Kings on January 3, 2024.