SEPTEMBER 6TH, 3:43pm: The Magic have officially signed Moore, according to a team release.
AUGUST 29TH, 7:58am: The deal is for the minimum, reports Chris Broussard of ESPN.com. That means Moore, a second-year player, is in line for $762K this season and $884K in 2013/14.
AUGUST 28TH, 9:33pm: Both seasons are expected to be partially guaranteed for Moore, according to Josh Robbins of the Orlando Sentinel.
5:54pm: The Magic have reached agreement with guard E'Twaun Moore on a two-year deal, according to HoopsHype (via Twitter). Terms of the deal are not yet known.
Moore, 23, was a part of the three-team deal that sent Courtney Lee to the Celtics in July. The Rockets promptly waived the guard without absorbing any salary cap consequences as his salary was non-guaranteed. The former Purdue standout cleared waivers and received interest from multiple NBA teams in addition to a few clubs overseas.
As a rookie, the 55th overall pick became a semi-regular in Boston, averaging 8.7 minutes per contest in 38 games. Provisions in the collective bargaining agreement prevented Moore from re-signing with the Celtics until July 2013.
Josh Robbins of the Orlando Sentinel (via Twitter) first reported that Orlando expected to reach a deal with Moore in the coming days.