Magic sign Anthony to three-year extension

ORLANDO, Fla. -- The Orlando Magic have signed former first-round draft pick Cole Anthony to a three-year contract extension.

The three-year deal is worth a reported $39 million. Anthony averaged 14.2 points, 5.0 rebounds and 4.6 assists per game in his first three seasons in Orlando. He was drafted with the No. 15 pick in the first round of the 2020 NBA Draft.

Anthony appeared in 60 games last season with the Magic and averaged 13.0 points, 4.8 rebounds and 3.9 assists per game. Anthony had eight 20+ point games as a reserve, which ranked third in the Eastern Conference.

The Magic open the 2023-24 season at the Amway Center on October 25 against Houston.

We have signed guard Cole Anthony to a contract extension. #MagicTogether pic.twitter.com/oX8ftLCTOs
— Orlando Magic (@OrlandoMagic) October 23, 2023

Orlando Magic guard Cole Anthony has agreed on a three-year, $39 million contract extension, Jeff Schwartz and Javon Phillips of @excelbasketball tell ESPN. pic.twitter.com/HREzVXzYlt
— Adrian Wojnarowski (@wojespn) October 23, 2023