The Orlando Magic have signed Jonathan Isaac to a four-year, $80 million contract extension, his agent told ESPN's Adrian Wojnarowski.

Isaac will miss his fourth NBA season as he recovers from the torn ACL he suffered in the second seeding game in the bubble, but still has the highest ceiling of anybody on the Magic roster.

The 23-year old was hampered by a knee injury last season prior to the hiatus with the Magic, though he averaged career-best marks of 14.8 points, 8.5 rebounds, and 2.9 blocks per-36 minutes in 34 games. The near-seven-footer shot 34% on 3.5 three-point attempts per game in 2019-20, and looked more confident than ever beyond the arc.

Isaac hasn't quite lived up to the promise that made him the No. 6 overall pick of the Magic in the 2017 draft, but he was limited to just 27 games as a rookie. He played 75 games and started 64 in 2018-19, and became a key player and defensive force on a playoff team.

He looked like a Defensive Player of the Year candidate last season before he suffered the knee injury on Jan. 1 that ended his pre-pandemic season. Clearly, the Magic still believe in his potential to become one of the league's top defenders.

The Magic also extended Markelle Fultz on Monday, reaching terms with the former no. 1 overall pick on a three-year, $50 million deal.

The extensions will keep Isaac and Fultz out of unrestricted free agency in the summer of 2021 for the Magic.

Orlando has lost in the first round each of the past two seasons under head coach Steve Clifford. The Magic begin their Isaac-less 2020-21 campaign on Wednesday, in a matchup against the Miami Heat at the Amway Center.

Congrats to Isaac and Fultz on their respective paydays with the Magic.