Monday, the Orlando Magic and guard Jalen Suggs agreed on a rookie contract extension reportedly worth $150.5 million over five years. The love poured in for Suggs on his payday. ORLANDO, Fla. – The Orlando Magic and guard Jalen Suggs came to an agreement on a rookie contract extension with just over an hour before Monday's deadline to do so.

The entirety of the contract is fully guaranteed, according to a league source. Orlando locks up its 23-year-old defensive ace.

The Magic and Jalen Suggs had until 6 p.m. Monday to finalize a rookie contract extension. The deal is fully guaranteed, according to a league source.